Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
To approve the principles to be used for the design of the Additional Restrictions Grant (ARG) Scheme for Fareham Borough Council.
The Council has been allocated funding by the government to be used for an additional restrictions grant scheme to support local economies and businesses adversely affected by restrictions resulting from the Covid-19 pandemic.
The funding can be used during 2020/21 and 2021/22 on business support grant schemes and wider support schemes. Local authorities have the discretion to determine how much funding to provide businesses and which businesses to target.
This report therefore seeks to establish the principles to be used for the design of this grant scheme.
RESOLVED that the Executive agrees that:
(a) the key principles to be followed when designing the Additional Restrictions Grant Fund Scheme as outlined in the tabled item, revised Appendix A to the report, are approved for adoption in Fareham; and
(b) authority is delegated to the Deputy Chief Executive Officer, following consultation with the Executive Member for Policy and Resources, to approve the individual elements of the scheme as they are designed.
Report author: Elaine Hammell
Publication date: 09/12/2020
Date of decision: 07/12/2020
Decided at meeting: 07/12/2020 - Executive
Effective from: 19/12/2020
Accompanying Documents: