Agenda and decisions

To consider the following matters for decision for which reports have been published:-

A report by the Deputy Chief Executive Officer.

RESOLVED that the Executive Member for Policy and Resources agrees that:-

(a)  the Local Authority Discretionary Grant Fund Scheme attached as Appendix 1 is approved for adoption in Fareham;

(b)  authority is delegated to the Deputy Chief Executive Officer to:

i.               approve grants up to and including £5,000 to those businesses who apply for the support an meet the eligibility criteria set out in the Scheme;

ii.              approve interim payments up to and including £5,000 to those businesses who apply for the support and meet the eligibility criteria set out I the Scheme and who will be recommended for a higher value grant; and where it is evident that this is necessary to protect the continued operation of the business;

(c)  the Executive Member for Policy and Resources approves grants over £5,000 to those businesses who apply for the support and meet the eligibility criteria set out in the Scheme; and is provided with details of grants paid out under delegated authority; and

(d)  a request is mad to the government to allow local authorities to reallocate any unused funding received for the Small Business and Retail, Hospitality and Leisure Grants Fund Scheme, to this Local Authority Discretionary Grant Fund Scheme.