Agenda item

The Committee received a report of the Chief Grants Officer reviewing the appropriateness of the current eligibility threshold on the total costs of redevelopments in relation capital grants. The current policy stated that up to £100,000 can be awarded for works which are part of a redevelopment or refurbishment of an existing building (not stand-alone or new build), and that the total cost of such redevelopments must not exceed £10m.

RESOLVED – That the current threshold of £10m for the total cost of building developments eligible to be considered for a capital grant should remain at £10m and that it be reviewed again as part of the next Quinquennial Review.