Decision details

Area Regeneration Infrastructure Projects

Decision Maker: Cabinet Member for Planning, Investment and New Homes

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

 

1.         To allocate up to £870,667 from Lambeth Strategic CIL receipts to fund the progression of infrastructure projects being commissioned, project managed and/or cliented by the Area Regeneration and Strategic Property teams in 2018/19.

 

2.         To draw down funds quarterly in arrears, based on time allocated to specific infrastructure projects, minus income from other external and internal funding sources each year.

 

3.         That any underspend against the agreed budget is rolled-over in the financial year 2019/20.

 

4.         That the principle of drawing down Lambeth Strategic CIL receipts on an annual basis is approved and that a similar report should be produced each year to support salary costs in relation to the progression of infrastructure projects being commissioned, project managed and/or cliented by the Area Regeneration and Strategic Property teams.

 

Publication date: 14/01/2019

Date of decision: 22/01/2019

Effective from: 30/01/2019

Accompanying Documents: