Issue - decisions

Resolved:

a)   That approval be given to the distribution of the Tier 2 local restrictions grant in line with the Government principles set out at Annex A of the report.

b)   That approval be given to the distribution of the Lockdown business grants in line with the Government principles set out in Annex A of the report.

c)   That approval be given to the distribution of the Sector grants in line with the Government principles set out in Annex A of the report.

d)   That a further report to be brought back to the next available decision session of the Executive Member for Finance & Performance, to approve a scheme for the discretionary funding provided as part of the Government Lockdown (in consultation with the Executive Member for Economy and Strategic Planning).  

e)   That delegation for any future changes resulting from Government guidance in relation to this scheme be given to the Chief Finance Officer (s151) in consultation with the Executive Member Finance and Performance/Executive Member Economy & Strategic Planning, and approval process outlined at paragraph 17 of the report.

Reason:     To provide urgent financial support to the city’s Hospitality and Leisure businesses who are most effected by the Tier 2 restrictions.