… in the UK to apply for a share of up to £25m worth of investment as part of the Governments ‘Town Deal’ process. The process for accessing Towns Funding had involved the submission of a Newark Town Investment Plan (TIP). As yet, the TIP was yet to be agreed by the Government. However, on 1 July 2020, the Ministry of Housing, Communities and Local Government (MHCLG) wrote to the Council offering…
… an opportunity to bring forward Capital Investment Projects identified in the TIP to support jobs and economic recovery by way of a £750,000 Capital Grant. It was proposed that a budget of up to £750k be created to cover works associated with the 3 projects identified in the Newark TIP, which…