REASONS FOR THE RECOMMENDATION
High Peak Borough Council has been invited to joint the Community Wealth Fund Alliance. The Alliance proposes to redistribute dormant assets, such as bank and building society accounts, to support communities to develop social infrastructure. The Alliance intends to focus any initial funds that it secure towards 225 neighbourhoods that have been identified as the most ‘left behind’, and this includes the Gamesley ward.
That High Peak Borough Council join the Community Wealth Fund Alliance and the Community Wealth Fund proposal be endorsed.
ANY DECLARATION OF INTEREST
A NOTE OF ANY DISPENSATION GRANTED, IF ANY