Cultural Development Fund
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
The Assistant Director, for Regeneration and Culture, submitted a report which presents a consortium bid to the Department for Digital, Culture, Media and Sport /Arts Council England Cultural Development Fund led by Hastings Borough Council and request match funding.
The Cultural Development Fund (CDF) is a new fund supported by the Department for Digital, Culture, Media & Sport (DCMS), administered by Arts Council England (ACE).
The aim of the CDF is to support towns and cities to develop transformative culture led economic growth and productivity strategies by investing in place-based cultural initiatives and the creative industries outside of London. Place-based initiatives are about bringing local people together to utilise their skills and knowledge to create places where people want to live, work and do business.
ACE advises that Hastings does not represent a big enough area to apply alone. Hastings has formed a partnership with a range of organisations from the cultural sector and local authority partners across coastal East Sussex. Hastings Borough Council is the proposed lead body for the bid.
The grant value amounts to £4,500,000, of which £365,000 is for management and administration and at least £1,005,000 (revenue) grant funding for Hastings borough. The total project budget is £19,299,016 which includes 77% match; 64% public, 30% private and 6% in-kind. This will support 270 businesses, create and safeguard 573 jobs, have an audience reach of 2,982,880 and provide skills training to 816 participants.
Three new project team roles funded by the bid will be hosted by Hastings Borough Council. Hastings Borough Council will also deliver several projects itself.
The projected revenue implication for the £50,000 creative workspaces match is £11,500 p.a., assuming an indicative 3% interest rate per annum over a 5 year term for the cost of borrowing.
Hastings Borough Council will be the accountable body for the total grant amount of £4,500,000 and will be responsible for reporting on the full budget of £19,299,016.
Under rule 13.3, the recommendations of the report were agreed without being called for discussion.
1. To support the submission of the bid and the Council’s leadership of the project should we be successful.
2. That the council shall sign the legal agreements with Arts Council England accepting CDF funding including commitment to the match for administration and management identified in paragraph 9.
3. To support the recruitment of the project team as outlined in paragraph 13.
4. To agree an amount of £50,000 capital (£11,500 p.a. additional revenue cost including interest and repayment) as match funding to the project at Hastings Museum (total value £350,000) as per the attached business case.
5. Delegated authority is given to the Director of Operational Services, or his nominee, in consultation with the lead member for regeneration to:
a. Negotiate and conclude legal agreements with the managing authorities to implement and deliver the programme
b. Negotiate and conclude legal agreements with project delivery partners and with successful grant applicants once the programme is commenced
c. Approve and release funds to the project delivery partners up to a value of £3,835,000
d. Deliver the HBC-led projects outlined in the bid.
e. Deliver further HBC projects or vary those outlined if funding becomes available from within the programme or additional match funding.
The reason for this decision was:
This fund has the potential to make a significant contribution to our cultural regeneration ambitions, through supporting key cultural sector partners and Council-led activity.
Report author: Victoria Conheady
Publication date: 10/04/2019
Date of decision: 07/01/2019
Decided at meeting: 07/01/2019 - Cabinet