Decision details

To provide an update on the spend of Long Term Plan for Towns’ capacity funding usage to date and grant funding a Project Manager position at Lincoln College Group (Newark College), following the decision from the Cabinet on 23 July 2024 to delegate the decision to the Portfolio Holders for Strategy, Performance and Finance, and Sustainable Economic Development, we ask that you endorse the the Grant Funding of up to £123,000 to Lincoln College Group (Newalk College) to support the recruitment of a Project Manager to carry out engagement activity on behalf of the Town Board (including BID activities) in advance of the adoption of the Town Investment Plan to continue the momentum generated by the engagement of various community groups and businesses by the Town Board.

AGREED to:

a)      Note the current spend of the £250,000 grant funding so far; and

b)      Note the progress of Town Investment Plan, and endorse the grant funding of up to £123,000 to Newark College for the recruitment of a Project Manager as per recommendations from the Newark Town Board as an accelerated project.

To utilise the Capacity Funding Grant following the direction and decision of the Newark Town Board.

The FIN 24/25 capacity funding from the Long Term Plan for Towns is to assist with the development of the Town Investment Plan and any community engagement activities.  The money cannot be spent on other purposes.