Page 77 - Barrow Town Deal Board Agenda 14/4/2020
P. 77

BARROW-IN-FURNESS TOWN DEAL BOARD


                                                    th
                   Date of Meeting:   15  May 2020

                   Reporting  Officer:  Place  and  Enterprise
                                                 Manager – Cumbria CC


                   Title:     Town Investment Plan Framework and Design

                   Summary and Conclusions:

                   Steady  progress  continues  to  be  made  in  the  development  of  the  Town
                   Investment Plan with a number of core evidence base documents starting to
                   come together.  In parallel it is considered important to progress the physical
                   form of the Town Investment Plan document.

                   Reflecting  this,  the  board  are  being  asked  to  consider  the  proposed
                   framework for the Town Investment Plan and proposed design approach.

                   Recommendations:

                   It is recommended that the Town Deal Board:

                   1.    Provide  feedback  on  the  proposed  framework  for  the  Town  Investment
                   Plan;
                   2.    Provide  feedback  on  the  proposed  design  approach  for  the  Town
                   Investment Plan.


                   Report

                   Background

                   The Government have been clear that the Barrow-in-Furness Town Deal must
                   be underpinned by a robust Town Investment Plan.  The role of this would be
                   to  set  out  a  clear  understanding  of  the  area,  focusing  on  its  assets,
                   opportunities  and  challenges.  Significantly  it  is  advised  that  the  amount  of
                   investment from the Towns Fund will be determined based on the strength of
                   the Town’s Investment Plan.

                   Since  January  steady  progress  has been made  in  the  development  of  core
                   evidence  in  support  of  the  Barrow-in-Furness  Town  Investment  Plan,
                   including the definition of vision and objectives, creation of a socio-economic
                   narrative,  stakeholder  and  community  engagement,  definition  of  a  scheme
                   long list, development of an appraisal framework and the appraisal of the long
                   list.
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