Agenda and draft minutes

Apologies for absence were received from Karl Apps, Rebecca Hunter and James Borkoles.

Members are requested to declare the existence and nature of any disclosable pecuniary interests and/or other interests, not already on their register of interests, in any item on the agenda and withdraw from the meeting at the appropriate time.

None.

The Chair to move:-

That the public be excluded from the meeting during the discussion of the following items of business to avoid the disclosure to them of exempt information as defined in Paragraph 3, Part 1 of Schedule 12A to the Local Government Act 1972, (as amended by the Local Government (Access to Information) (Variation) Order 2006). 

RESOLVED –

That the public be excluded from the meeting during the discussion of the following items of business to avoid the disclosure to them of exempt information as defined in Paragraph 3, Part 1 of Schedule 12A to the Local Government Act 1972, (as amended by the Local Government (Access to Information) (Variation) Order 2006).

To receive an update on the utilisation of the Low Carbon Challenge Fund.

Jayne Dethick, Director of Finance & Resources

The Board received a report that detailed the utilisation of the Low Carbon Challenge Fund (LCCF) and recommended that the remaining funds be reallocated to Clay Cross Active and Town Centre Regeneration project. The report provided the Board with information regarding the state of the key projects ongoing in Clay Cross and the benefits that the additional funding, relocated from the LCCF, would provide. It was explained that a Project Adjustment Request (PAR) would need to be submitted to the Ministry of Housing, Communities and Local Government (MHCLG), and a decision would be expected from the Ministry within 20 working days following initial triage.

The Board discussed issues surrounding the reallocation balance, ongoing risks, and contingency levels. The Board felt that the reallocation of the remaining LCCF represented a practical decision.

RESOLVED –

(1)  That the Board noted the report.

(2)  That the Board agreed to submit a Project Adjustment Request to the Ministry of Housing, Communities and Local Government (MHCLG) to enable the movement of remaining Low Carbon Challenge Fund monies to Clay Cross Active and Town Centre Regeneration project, as outlined in paragraph 2.4 of the report.