Issue - meetings

Report of Executive Director Place and Regeneration

Purpose of report

To request an allocation of £250k from the Strategic Development Fund reserve (£400k) to progress economic development and regeneration activity.

Recommendations

The Executive resolves:

1.1         To agree to an allocation from the Strategic Development Fund of £250k to commission:

                 i.             An Economic Plan for Cherwell district

               ii.             A masterplan for Bicester town centre. 

Monies would be spent according to CDC financial and procurement regulations led by the Regeneration & Growth (R&G) service.

1.2         To agree to renew Ambassador status with Experience Oxfordshire (£15k) for 26/27, utilising existing service budgets and to agree to consider allocating funds in future years as part of the budget-setting process.