Agenda item

            The Director of Property and Projects submitted for the Committee’s consideration the following report:

 

“1.0     Purpose of Report or Summary of main Issues

 

1.1        To update Members on a number of area related issues for Members consideration.

 

2.0       Recommendations

 

2.1       The Committee is asked to;

 

 

            AWG minutes

 

·        approve the most recent round AWG Minutes (South – 28th November and West – 24th November) North and East AWG) Thursday 8th December

 

      Local Investment Fund

 

·        agree the recommendations from the West and East AWGs in relation to LIF funding (Section 3.2 – 3.3).

·        note the additional projects which have been scored (Section 3.4) which have met the minimum threshold and agree that these are progressed to due-diligence

 

            Belfast Investment Fund

 

·        agree the recommendations from the East AWG in relation to BIF funding (Section 3.5)

 

3.0       Main report

 

            KEY ISSUES

 

3.1       AREA WORKING GROUP UPDATES

 

            Members agreed in June that the Area Working Group minutes would be taken into the SP&R Committee for approval going forward in line with the Council’s commitment to openness and transparency and to ensure a consistency in approach to the other Member-led Working Groups. Members are asked to approve the most recent round AWG Minutes (South – 28th November and West – 24th November) as attached at Appendix 1.  Members are asked to note that the North and East AWGs held their meetings on Thursday 8th December – the minutes for this are not yet available however the relevant funding decisions from the meetings are included within this report.

 

            LOCAL INVESTMENT FUND UPDATE 

 

3.2       WEST AWG - The West AWG at its meeting on 24th November, made the following recommendations for the consideration of the SP&R Committee in relation to their LIF subject to the required criteria being met.

 

 

 

Ref No	Project	Recommendation
WLIF2-13	Sliabh Dubh Playground	To be withdrawn from the LIF programme (£70,000)
WLIF2-06	Lamh Dhearg GAC	Additional £15,000 (reallocation from WLIF2-13) – overall in principle allocation of £60,000
WLIF2-14	MMA Regional Centre of Excellence	Additional £30,000 (reallocation from WLIF2-13) – overall in principle allocation of £70,000
WLIF2-23	Blackie River Community Group	£25,000 (reallocation from WLIF2-13) – New LIF proposal

 

3.3       EAST AWG - The East AWG at its meeting on 8th December, made the following recommendations for the consideration of the SP&R Committee in relation to their LIF

 

Ref No	Project	Recommendation
ELIF2-20	Tullycarnet Community Support Service	To be withdrawn from the LIF programme (£58,411)

 

            The East AWG agreed that officers engage with a number of other projects which had been proposed in order to assess them for their feasibility with further details to be brought back to a future meeting.

 

            Projects recommended to proceed to due-diligence

 

3.4       Members are asked to note that 4 LIF2 projects which had previously been agreed for in principle funding (SLIF064 – Taughmonagh Community Forum; NLIF2-13 – Intercomm; NLIF2-14 – Star Neighbourhood Centre and WLIF2-22–Farset International) have now been scored by officers (see Appendix 2) and have successfully met the minimum threshold. It is recommended that these projects now proceed to the Due Diligence stage of the LIF process

 

 

3.5       BELFAST INVESTMENT FUND

 

            EAST AWG - The East AWG at its meeting on 8th December, made the following recommendations for the consideration of the SP&R Committee in relation to their BIF

 

Ref No	Project	Recommendation
BIF28	Lagan Village Youth and Community Group	Move to Stage 2 – Uncommitted.  Currently Stage 1

 

3.6       FINANCIAL & RESOURCE IMPLICATIONS

 

·        Financial – £5m has been allocated to LIF 1 and £4m has been allocated to LIF2. A summary of the current position across the LIF programme is attached below for Members

 

            Local Investment Fund 1

 

Area	Project Details	Status
North £1,127,500	25 projects approved in principle - £1,127,500 in total Remaining allocation - £0	15 completed - £611,128 1 project on the ground - £50,000 4 at tender preparation stage - £137,000 5 not yet through due-diligence - £329,372
South £1,127,500	13 projects approved in principle - £1,083,600 Remaining allocation - £43,900	7 completed - £639,641 2 projects on the ground - £190,000 2 at tender preparation stage - £153,959 2 not yet through due-diligence - £100,000
East £1,127,500	8 projects approved in principle - £1,127,500 Remaining allocation - £0	6 completed - £627,500 1 project on the ground - £250,000 1 not yet through due-diligence - £250,000
West £1,127,500	17 projects approved in principle - £1,127,500 Remaining allocation - £0	15 completed - £1,057,500 2 projects on the ground - £70,000
Shankill £490,000	8 projects approved in principle - £490,000 Remaining allocation - £0	7 completed - £382,680 1 project on the ground - £107,320

 

 

 

            Local Investment Fund 2

 

Area	Project Details	Status
North £800,000	14 projects identified - £694,867 Remaining allocation - £105,133   3 projects under consideration	1 project on the ground - £100,000 4 at tender preparation stage - £118,200 9 not yet through due-diligence - £476,667
South £800,000	12 projects identified - £796,000 Remaining allocation - £4,000	1 completed - £75,000 1 project on the ground - £90,000 8 at tender preparation stage - £511,000 2 not yet through due-diligence - £120,000
East £1,200,000	13 projects identified- £1,200,000 Remaining allocation - £0	1 project on the ground - £208,300 5 at tender preparation stage - £679,069 7 not yet through due-diligence - £312,631
West £1,200,000	19 projects identified - £1,200,000 Remaining allocation - £0	2 completed - £325,000 1 project on the ground - £60,000 5 at tender preparation stage - £366,000 11 not yet through due-diligence - £449,000

 

·        Resource - Officers time to deliver projects.  

 

            Equality or Good Relations Implications

 

            LIF has been equality screened.”

 

            The Committee adopted the recommendations.