Issue - meetings

BCP Council has been invited to develop a Town Deal, as part of an MHCLG £3.6 billion Towns Fund. 

A key requirement of the Towns Fund is to adopt a governance structure which engages stakeholders, oversees the development of the Town Investment Plan and determines how funding will be spent. Boscombe Strategic Towns Fund Board will meet every 4-8 weeks and, in accordance with the MHCLG guidance is made up of public and private sector partners and chaired by Jeff Mostyn (Chairman of AFC Bournemouth).

The Towns Fund Board, will agree the Vision, Aims and Project Deliverables that will be included in the Town Investment Plan to be submitted to the MHCLG in October 2020.

Work has commenced on community consultation and the

production of a Master Plan for the central Boscombe area.

Together with work now being undertaken by the Delivery

Board and themed sub-groups, this will inform ambitious

capital and revenue projects, which will be partly funded by the

Towns Fund.

RESOLVED that the approach outlined in the report be approved enabling the Towns Fund Board to prepare a robust Town Investment Plan for Boscombe in a timely manner.

Voting: Unanimous

Portfolio Holder: Tourism, Leisure and Communities

Reason

The Towns Fund represents a considerable funding stream which can be used to unlock ambitious regeneration plans for this disadvantaged neighbourhood with considerable investment potential. The work will be funded by a grant already received by the MHCLG and enable a close working relationship to be

continued between the public and private sector.

The Portfolio Holder for Tourism, Leisure and Communities presented a report, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'E' to these Minutes in the Minute Book.

Cabinet were advised that BCP Council has been invited to develop a Town Deal, as part of an MHCLG £3.6 billion Towns Fund, and that a key requirement of the Towns Fund is to adopt a governance structure which engages stakeholders, oversees the development of the Town Investment Plan and determines how funding will be spent. Boscombe Strategic Towns Fund Board will meet every 4-8 weeks and, in accordance with the MHCLG guidance is made up of public and private sector partners and chaired by Jeff Mostyn (Chairman of AFC Bournemouth).

Further to this Cabinet were advised that the Towns Fund Board, would agree the Vision, Aims and Project Deliverables that will be included in the Town Investment Plan to be submitted to the MHCLG in October 2020, and that work had commenced on community consultation and the production of Master Plan for the central Boscombe area. Together with work now being undertaken by the Delivery Board and themed sub-groups, this will inform ambitious capital and revenue projects, which will be partly funded by the Towns Fund.

Cabinet spoke in support of the recommendation highlighting the huge potential with the scheme.

RESOLVED that the approach outlined in the report be approved enabling the Towns Fund Board to prepare a robust Town Investment Plan for Boscombe in a timely manner.

Voting: Unanimous

Portfolio Holder: Tourism, Leisure and Communities