Agenda item

9.1

The Committee considered a report of the Executive Director of City Futures providing a progress update on the Round 1 Levelling Up Fund bid for The Gateway to Sheffield.

9.2

RESOLVED UNANIMOUSLY: That the Transport, Regeneration and Climate Policy Committee:-

a)    Note the progress made on the Gateway to Sheffield LUF project.

b)    Notes that an application will be made to SYMCA to secure Gainshare funding to deliver the full LUF programme as originally proposed.

c)    Approves the revised Governance arrangements.

9.3

Reasons for Decision

9.3.1

To ensure that the latest information is available and to provide an update on progress with the report.

9.3.2

For Information and to support the use of Gainshare to deliver the LUF programme as proposed.

9.3.3

To support good governance of the project.

9.4

Alternatives Considered and Rejected

9.4.1

Do nothing

This option would mean not pursuing additional funding to deliver the full Scheme for Castlegate. This has been discounted as the opportunity to secure further funding through Gainshare is available.

9.4.2

Do More

It is not necessary to do more as the chosen option delivers the outputs required

9.4.3

Chosen Option

To deliver the Gateway to Sheffield LUF bid with he support of additional Gainshare Funding

9.1

The Committee considered a report of the Executive Director of City Futures providing a progress update on the Round 1 Levelling Up Fund bid for The Gateway to Sheffield.

9.1.1

The Service Manager – City Regeneration and Major Projects summarised the three projects involved in the bid and the changes that had been made to the Governance arrangements including the creation of The Castlegate Area Board.

9.1.2

Members were in agreement that they would like to continue to receive updates on the scheme both in the committee meetings and their informal briefing sessions.

9.2

RESOLVED UNANIMOUSLY: That the Transport, Regeneration and Climate Policy Committee:-

a)    Note the progress made on the Gateway to Sheffield LUF project.

b)    Notes that an application will be made to SYMCA to secure Gainshare funding to deliver the full LUF programme as originally proposed.

c)    Approves the revised Governance arrangements.

9.3

Reasons for Decision

9.3.1

To ensure that the latest information is available and to provide an update on progress with the report.

9.3.2

For Information and to support the use of Gainshare to deliver the LUF programme as proposed.

9.3.3

To support good governance of the project.

9.4

Alternatives Considered and Rejected

9.4.1

Do nothing

This option would mean not pursuing additional funding to deliver the full Scheme for Castlegate. This has been discounted as the opportunity to secure further funding through Gainshare is available.

9.4.2

Do More

It is not necessary to do more as the chosen option delivers the outputs required

9.4.3

Chosen Option

To deliver the Gateway to Sheffield LUF bid with he support of additional Gainshare Funding