Decision details

Lambeth Future Workspace Fund – First Round Funding Agreements

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

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Following the first round of applications to the Future Workspace Fund, a cabinet member decision will be required to approve the allocation of funding to successful applications.

Decision:

 

1.             To agree to fund the recommended projects and that the Council enters into the respective loan and grant funding agreements.

 

2.             To authorise spend of £1,849,500 of the allocated Future Workspace Fund budget on the four projects outlined within this report. 

 

3.             To authorise the spend of £100,000 of the Brixton Creative Enterprise Zone Capital Budget on the Ten87 Studio Project.

 

4.             To delegate the decision regarding finalised terms of funding agreements to the Director of Finance and Property and the Director of Economy, Culture and Skills.

 

Publication date: 01/04/2021

Date of decision: 13/04/2021

Date comes into force if not called in: 21/04/2021

Call-in deadline date: 20/04/2021

Current call-in Count: 0

Accompanying Documents: