RESOLVED that the Executive endorsed the recommendation made by the Hinkley Point C Planning Obligations Board (POB) as follows;
1. To approve the transfer of ring-fenced monies £158,994 for Cannington from the HPC CIM Fund to Cannington Parish Council (CPC) with the following conditions set out in a Memorandum of Understanding to be signed by Cannington Parish Council:
a) CPC must undertake evaluation appraisals of all proposals to ensure they mitigate impacts in line with the criteria set out in Schedule 1 of the HPC Site Preparation Section 106 agreement before approval.
b) CPC must report back to Somerset West and Taunton Council (SWT) via the CIM Fund Manager at regular intervals with progress updates.
c) Applications for grant funding of over £50,000 must be referred to SWT and follow the decision making procedures set out in the HPC Site Preparation Section 106 agreement to SWT for consideration by POB and SWT in line with obligations within the HPC Site Preparation Section 106 agreement.
d) Applications for grant funding by any organisation that have previously been awarded a CIM Fund Grant must be referred to SWT and follow the decision making procedures set out in the HPC Site Preparation Section 106 agreement.
2. To allocate £201,545 from the HPC CIM Fund ring-fenced for Stogursey to Stogursey Victory Hall Committee for use as contingency for the Stogursey Victory Hall Project, with any unspent contingency to be returned to the HPC CIM Fund ring-fenced for Stogursey in July 2020.