Resolved
That Members recommend to Council the following allocations of the 2010/2011 New Homes Bonus:
1. £100k to restart the small business grants scheme, with a report on the scheme in 12 months time;
2. £114,540 to establish a Community investment fund with:
a. Decision making delegated to a member panel of six members, 4 of whom shall be members of the Conservative group, chaired by the Chairman of Policy and Resources Committee;
b. The criteria for funding to be approved by the Policy and Resources Committee, reflecting the need for proposals to be genuinely additional and to bear in mind the geographical distribution of new homes generating the bonus;
c. An annual report to be presented to the Policy and Resources Committee on the work of the panel.
3. To inform future decision, the North Yorkshire Moors National Park to be invited to give a presentation on proposals to allocate grant generated by its planning decisions.