This report seeks Cabinet endorsement of the Wisbech Town Board Plan for Neighbourhoods Regeneration Plan, which has been developed and provisionally approved by the Wisbech Town Board. The Regeneration Plan forms the submission of the Town Board to Government to unlock £20m of endowment style funding across the next ten years from 2026 onwards for revenue and capital projects in Wisbech.
FDC has representation on the board via its membership and acts as the accountable body for the funding, monitoring defrayal and managing governance of the funds in line with procurement and finance principles of the Authority. FDC is responsible for submission of the document on behalf of the Town Board.
The Plan represents the evolution of the previous strategic framework for the Long-Term Plan for Towns, aligning with national priorities for regeneration and local place-making. There is also an expectation that following the submission, the scheme will be rebranded again in line with the new Pride in Place brand from government.
Cabinet is being asked, as a partner of the Town Board, to endorse the Plan for submission to Government by 28 November 2025, in accordance with the requirements of the Plan for Neighbourhood programme.
The Plan includes a draft 4-year year investment plan, outlining proposed projects for delivery. This strategy remains flexible to accommodate changing local circumstances and priorities and projects can change as The Board moves through the ten-year delivery phase.
Decision type: Non-key - Low
Decision status: Recommendations Approved