Issue - meetings

Report HPR2021/007

The Council had received a payment of £6,646,720 from the Ministry of Housing, Communities and Local Government (MHCLG) on behalf of the Department for Business, Energy and Industrial Strategy (‘BEIS’). This sum was to form the Council’s Additional Restrictions Grant (ARG) which would be used to provide financial support to local businesses through grants and business support functions. The report also outlined a Phase 2 proposal for supporting businesses in the borough using the BIDs and Libraries as a vehicle for this support.

The report had been scrutinised by the Renewal, Recreation and Housing PDS Committee on 2^nd February 2021 and the Committee supported the recommendations.

RESOLVED that

(1) The report be noted and the approach to provide support to businesses in the borough using BIDs and libraries as a vehicle for this support be approved.

(2) The allocation be approved of up to £700k from the ARG to the BIDs in the borough and £217k from the ARG to the library contractor, GLL.