Agenda and minutes

There were no declarations of interest.

RESOLVED that the decision record of the meeting held on the 18^th April 2016 be signed as a correct record.

The Executive Board Member considered a report detailing proposals by the Authority to make available funds from the 2016/2017 and 2017/18 financial years capital allocation to provide grant aid assistance to commercial property developers to meet the financial gap between the construction costs and the completed market value of the commercial property. The incentive on offer was aimed to stimulate the supply of high quality business premises within Carmarthenshire by offering funding towards high quality industrial units or office accommodation.

RESOLVED that the eligibility criteria and proposed procedures for delivery of the Transformations Commercial Property Development Fund be approved.

The Executive Board Member considered a report detailing proposals by the Authority to make available funds from the 2016/2017 and 2017/18 financial years capital allocation to provide grant aid for capital projects for the county’s rural enterprises. The Grant would provide assistance to enterprises and sole traders for the development of new and existing business premises where new jobs were created as a result of the project.

It was proposed that Grants for works to property would be available to owners of the freehold interest in the property or to lessees holding a lease that had a minimum of 5 years, not 15 years as indicated in the report, remaining at the time of application.

RESOLVED, subject to the above amendment, that the eligibility criteria and proposed procedures for delivery of the Carmarthenshire Rural Enterprise Fund be approved.

RESOLVED that the following applications for assistance from the Welsh Church Fund be approved subject to the usual terms and conditions and those specified in the report:-

Applicant                                                                                      Award

Bethel Chapel                                                                                         £2,124.00

Bethania Congregational Church                                                            £3,000.00

All Saints Church, Ammanford                                                                £3,000.00*

Cancer Information & Support Services                                                  £3,000.00

Towy Boat Club                                                                                       £500.00

Gellimanwydd Chapel                                                                              £3,000.00

Llandybie PTFA                                                                                       £3,000.00

[*Subject to all other relevant funding being secured.]