Issue - decisions
Funding of London Borough of Culture 2020
13/09/2018 - Funding of London Borough of Culture 2020
RESOLVED:
(i) Cabinet agreed the funding strategy for the London Borough of Culture 2020;
(ii) Cabinet agreed the commitment of £0.250m Neighbourhood CIL to support areas of the programme which meet the NCIL criteria;
(iii) Cabinet delegated to the Cabinet Member of Public Health, Culture and Leisure in consultation with the Strategic Director Community Wellbeing and Chief Finance Officer, as a contingency measure, the decision to:
· approve additional non recurrent funding from Council reserves to support the legacy of Brent Borough of Culture 2020 should this be necessary
· And / or scale back the programme; and
(iv) Cabinet noted the intention to fund raise from external sources in order that the use of reserves should not be necessary.