Agenda item

2 February 2011

Olympic strategy and delivery plans will return to the committee with an updated action plan with clear outcomes, based on resources that will now be available following the cuts. The Olympic legacy will be determined with  key benefits indicated in concrete terms, particularly:

i)  How young people , for example school parties can attend the Olympics, particularly those who  cannot afford tickets

ii)  Aspirations in terms of health

iii)  How will be the economic benefits be maximised , for example the East London line and tourism

iv)  What are the volunteer plans , particularly in relation to skills

v)  Links to Southwark Community Games

2 February  2011

There will an update and review of ‘Town Centre strategies’ ; with particular reference to Camberwell, Peckham and Walworth

2 February 2011

Employment and Enterprise strategy and delivery plans will return to the committee and partners will be asked to present on progress. , with particular reference to outcomes (both achieved and anticipated) for Camberwell, Peckham and Walworth

2 February 2011

The committee resolved to look at opportunities to rebalance regeneration spending so that poorer areas are invested in and to ensure that regeneration spending is not concentrated on the richer areas.

Officers were asked to return with the following information

1.  Provide more detail of what has been included in the figures for expenditure on the Walworth area, with particular regard to spending on Elephant and Castle and Aylesbury. Details should relate to particular regeneration projects and outcomes in concrete term.

2.  Provide more detail, including the criteria, on the Improving Local Retail Environments programme especially why it is mainly spent in Borough and Bankside.

3.  Provide more information on Cleaner, Greener, and Safer (CGS) funds, including the criteria used to set the amount of funds allocated to each community council area including clarity on if the  funding levels relate to number of wards in the community council  area. Explain why Peckham has the lowest expenditure/ allocation. The Chair suggested that discretionary allocations such as CGS could be used to rebalance the pattern of s.106 spending.

4.  Provide a briefing on Community Infrastructure Levy (CIL) and whether this provides opportunities to spread regeneration spending more evenly across the borough (or more targeted at areas of need) than can be achieved with s.106

5.  Provide a briefing on Tax Increment Financing (TIF) and whether there is potential to use this in Southwark and again achieve more even spend or spend which is more targeted at need.