Mole Valley's Bid For The Future High Streets Fund
Leatherhead Nomination Decision
The report brought to Cabinet yesterday evening recommended that Leatherhead town centre was the best fit for the funding criteria for the Future High Streets Fund nomination. This option was recommended as the Transform Leatherhead Masterplan's objectives closely align with the fund's objectives and were felt to offer the best chance of success.
Councillor Simon Edge, Cabinet Member for Prosperity said, "This has not been a straight forward decision. Ideally we would also put Dorking forward for this fund, but we are only allowed to nominate one town centre.
"Leatherhead, Dorking, and other High Streets across the district are similarly affected by the dramatic changes in the retail market impacting High Streets across the country. However, crucially, authorities are only able to put forward one town and we must submit a bid that has the best chance of success for the benefit of the whole district.
"We have looked carefully at the criteria for successful inclusion in the Fund and it is clear that with an active Masterplan already in place coupled with the extensive support from partner organisations such as Coast to Capital and Surrey County Council, Leatherhead has a better chance of being successful.
"As other opportunities arise, we will consider them for Dorking and Leatherhead. We will continue to ensure that Mole Valley District Council participates in opportunities to support our town centres."
The decision on nominating a Mole Valley town for the Future High Street Fund was made at the Cabinet Meeting last night. This can be viewed here.