Decision details

To seek approval on how to allocate the High Street Innovation Fund and a process for agreeing a programme of activities

The Cabinet considered the report of the Director of Corporate Commissioning which indicated that the Council had been allocated a grant of £100,000 from the High Street Innovation Fund Initiative (HSIF) and set out proposals for the allocation of the funding to four Town Team Partnerships within the Borough, to support their planned activities to help revitalise the town-centres.

The report also indicated that Crosby, Maghull, Southport and Waterloo had also been awarded funding of £10,000 each from the Government as part of the Portas Pilots initiative.

This was a Key Decision and was included in the Council’s Forward Plan of Key Decisions.

Decisions Made:  That

(1)       the current Town Team Partnerships that exist within Crosby, Maghull, Southport and Waterloo and their agreed activities be noted;

(2)       the grant of £100,000 from the High Street Innovation Fund be allocated as follows:

·         Crosby - £17,000

·         Maghull - £17,000

·         Southport - £49,000

·         Waterloo - £17,000; and

(3)       officers examine the feasibility of utilising unallocated funding to assist other Town Centre / private partners in the Borough to enhance and re-vitalise their town centres; and the details be included in the report on the Capital Programme 2012/13

and Capital Allocations for 2013/14 to be submitted to the next meeting of the Cabinet on 28 February 2013.

Reasons for Decision:

To allow Town Teams to progress with their initatives and for the HSIF to be allocated across the Borough.

Alternative Options Considered and Rejected:

None