Issue - decisions
Economic Infrastructure Fund - Proposals
08/05/2013 - Economic Infrastructure Fund - Proposals
RESOLVED: That Cabinet agree to approve the EIF allocations of:
i) £1.672m for CYC to invest in the LCR Revolving Investment Fund (RIF), subject to SAF and governance arrangements approval which will be brought back to a further Cabinet meeting;
ii) £200K required to fund the Economic Inclusion Programme; and
iii) £550k required to fund the first project in the emerging Transport Package.
REASON: To support the Council Plan priorities of creating jobs, growing the economy and investing in the city’s economic future.