Pursuant to Minute C11/Jul/20, the Leader introduced the report of the Managing Director (previously circulated) updating Members on the recently announced allocation of £1m Forward Funding from the Towns Fund and the £22.3m secured through the Darlington’s Town Deal.
The submitted report outlined the proposed strategic interventions detailed within Darlington’s Town Investment Plan to drive the sustainable economic regeneration of Darlington for long-term economic and productivity growth; stated that a grant of £1m Forward Funding had been allocated; and stated that £22.3m would be allocated once each individual business case had been agreed.
Particular reference was made to the tools and regulations in place to ensure that decent homes were developed in the town centre. The Cabinet Member with the Economy Portfolio responded thereon.
RESOLVED – That the Darlington’s Town Investment Plan and the delivery of the various projects through the established Town Partnership Board, as detailed in the submitted report, be supported.
REASON – To Contribute to the further economic wellbeing and vitality of the Town.