Frequently asked questions
Please find below some common questions and answers.
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All The Town Deal Board Town Fund Governance
There are 7 questions with answers
Question
What about the announcement relating to an initial £1m of funding?
Answer
In summer 2020 the Government asked all Town Deal areas to identify any initial projects that could be delivered before April 2021. The Town Deal Board responded to suggest that up to £1m funding could be used to deliver three new redway links to improve the connectivity between the Lakes Estate, Bletchley Town Centre and Newton Leys to the Blue Lagoon Nature Reserve. Another £200,000 could support the initial improvement works to the former Bletchley Fire Station. Any works at the site would be subject to consultation with the local community.
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Question
What are the timescales for the Fund?
Answer
Initial community and stakeholder engagement is taking place during 2020 as part of formulating the Investment Plan. Independent consultants worked on developing the Town Investment Plan for submitting to the Government at the end of October. The Government will then analyse the Town Investment Plan based on the impact it will have, the strength of the vision for the future, the strategy for delivery and the strength of collaboration between the community, private sector and other local stakeholders. The Government will set the timeframes and key dates. The guidance does not specify, for example, how long they will take to review the Investment Plan.
You can view the Town Investment Plan document and appendices here.
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Question
What is a Town Fund?
Answer
The Town Fund is the name of the funding the government has launched to support towns like Bletchley and Fenny Stratford to improve their economy.
To find out more, read the Town Fund Prospectus
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Question
What is the role of Milton Keynes Council?
Answer
The council's primary role will be to support the Board and help to develop and agree the Town Deal with the government. Further development and implementation may be carried out by a variety of organisations but Milton Keynes Council will be the responsible body for the funds to the government. The Council will work closely with partners, businesses and the community via the Board.
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Question
What is the role of the Town Deal Board?
Answer
The Board will be the vehicle through which the strategy for the town is defined and the Town Investment Plan prepared. The Board includes members from the local community, businesses, and other partners committed to improving Bletchley and Fenny Stratford.
Its key tasks are to:
- Develop and agree an evidenced based Town Investment Plan
- Develop a clear programme of interventions
- Coordinate resources and influence stakeholders
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