RESOLVED –
(1) That Cabinet agrees that an Expression of Interest (EoI) bid in respect of Eckington be submitted to the Future High Street Fund (FHSF) in 2020 and that work be now started on assembling the evidence base required.
(2) That Cabinet agrees a budget of £25,000 be allocated to support the Eckington bid funded from the Invest to Save Reserve.
REASON FOR DECISION – To maximise the Council’s opportunity for securing an invitation to proceed to the full application stage.
OTHER OPTIONS CONSIDERED & REJECTED – All four towns in the District were considered as potential bids, but it was determined that Eckington currently presented the best opportunity for a successful bid.