Minutes:
Cabinet were supportive of
the recommendations of the earlier Scrutiny Committee, which are highlighted in
bold below, within Decision 2:
Decisions:
1.
That the establishment of the Swansea Bay City Deal “Homes as Power
Stations” Financial Incentives Fund Subsidy Scheme by the Council for use by
the Councils across the Swansea Bay City Deal Region, namely Neath Port Talbot
County Borough Council, City and County of Swansea, Carmarthenshire County
Council and Pembrokeshire County Council, in order to
secure subsidy control compliance for grant award purposes, be approved.
2.
That delegated authority be granted to the Head of Property and
Regeneration, in conjunction with the Leader of Neath Port Talbot Council,
to finalise the Swansea Bay City Deal “Homes as Power Stations” Financial
Incentives Fund Subsidy Scheme conditions.
3.
That delegated authority be granted to the Head of Property and
Regeneration to authorise funding awarded by the Council under the subsidy
scheme, and to enter into the associated funding agreements.
Reason for Decisions:
To
enable Neath Port Talbot Council to award the Homes as Power Stations Financial
Incentives Fund in compliance with the Subsidy Control Regime.
Implementation of Decisions:
The
decisions will be implemented after the three day call in
period.