Decision details

Cabinet considered the report from the head of economy, leisure and property.  Cabinet was asked to recommend Council to approve the addition of £155,000 to the economic development budget, from externally received monies, to deliver high street innovation fund projects for the Vale towns, town teams in Abingdon and Faringdon, and the creation of a Vale-wide business partnership.  The report also outlined draft action plans for each town. 

Cabinet supported the recommendation to approve the additional budget and authorised any necessary changes to the action plans. 

RECOMMENDED: To Council to:

(a)       Approve the addition of £155,000 to the economic development budget, from externally received monies, to deliver high street innovation fund projects for the Vale towns, town teams in Abingdon and Faringdon, and the creation of a Vale-wide business partnership. 

RESOLVED:

(b)       Subject to Council’s approval of recommendation (a) above, to authorise the head of economy, leisure and property, in consultation with the strategic director and Cabinet member, to make any necessary changes to the action plans and to allocate funding as appropriate, including allocating town teams funding for Abingdon and Faringdon.