1.     That the following allocations of budget from the East Lindsey Investment Fund (financed from the Corporate Priorities Reserve) be approved:

·       That £1m to launch the grant scheme for Pride in Place theme be approved and authority be delegated to the Director of Economic Development in consultation with the Portfolio Holder for Market Towns and Rural Economy to agree the grants policy to and to finalise the budget allocation between capital and revenue once this is known.

·       That £830,000 for the activities identified in Appendix 2 of the report referred under the Communities Development theme be approved.

·       That £2m to support the Tourism and Events theme and delivering the activities identified in Appendix 4 of the report referred be approved and it be noted that a further report will be brought for consideration by the Executive Board relating to unauthorised occupancy in Holiday caravans.

·       That £500,000 for business engagement and inward investment activities identified in Appendix 3 of the report referred under the theme of Business Support be approved and  the intention to bring forward proposals for the remaining activities in Appendix 3 of the report referred be noted.

2.     That the allocation of budget from the East Lindsey Investment Fund of £1m to provide grant support to the Woodland Trust as detailed in Appendix 5 of the report referred be approved, and authority be given to the Deputy Chief Executive (Programme Delivery) to enter that agreement subject to further legal due diligence.

3.     That authority be delegated to the Assistant Director theme leads in consultation with the relevant Portfolio Holder to utilise the above funds, as set out, to undertake delivery of activities and projects as identified in Appendices 1 to 5 of the report referred, including the procurement and appointment of consultants/contractors, provide staffing resource and award grants to achieve the objectives of each theme.

4.     That authority be delegated to the S151 in conjunction with the Director of Economic Development to agree the final split of resources required as an addition to the budget in respect of revenue and capital as required.