The Economic Development Officer introduced the report, referring to the successful bid in 2017 for £3.5m for land raising and remedial works, and the approval by Cabinet in December 2018 to enter into a grant agreement.  There had been an increase in the estimated cost of the works and so Homes England had been asked for extra funds, and £5.1m had been approved.  

Resolved:

(1) That delegated authority be given to the Director of Regeneration and the Chief Financial Officer in consultation with the Cabinet Member for Economy and Property and the Cabinet Member for Finance to entre into the Homes England Grant Determination Agreement to provide £5.1million HIF funding to support the Queenborough and Rushenden regeneration scheme and staff resources allocated to administer the funds in line with requirements.