Agenda item

The Executive Member for Economy, Estates and Major Projects, Councillor Palethorpe referred to the agenda report to approve the development and implementation of the Teignbridge District Council Projects Proposal for the UK Shared Prosperity Fund (UKSPF) 2025-26 Investment Plan, and the success of projects supported by the fund in the past.

Previously, UKSPF 2022-25 and the associated Rural England Prosperity Fund 2023-25 has been provided directly to district councils.  The UKSPF 2025-26 is being provided to the Devon and Torbay Combined County Authority (DTCCA).  It is a transitional grant scheme, representing a further allocation of £900 million across the UK for local investment funding.

It was proposed by Councillor Palethorpe and seconded by the Leader that the recommendation as set out in the agenda report be approved. 

RESOLVED

1.       The Teignbridge District Council Projects Proposal for the UK Shared Prosperity Fund (UKSPF) 2025-26 Investment Plan that reflects the interventions identified at Section 3 of the agenda report be approved.

2.       Authority be delegated to the Director of Place, to implement the Teignbridge District Council Projects Proposal for the UK Shared Prosperity Fund (UKSPF) 2025-26 Investment Plan upon it being approved by Government.

At this juncture the meeting adjourned for a short comfort break.

The following Councillors left the meeting: Councillors Daws, Gearon, Hall, James,, Mullone, Purser and Sanders.