wins £159,000 regeneration compensation
is to receive £159,000 of compensation from the South West
Regional Development Agency (SWRDA) following its decision last
year not to award the town vital funding towards the modernisation
of the town centre.
District Council's Corporate Director Doug Bamsey revealed at
the Annual Town Meeting on Wednesday evening (April 7th) that
the council's claim for the aborted project costs has been successfully
told Burnham-On-Sea.com after the meeting: "We are very pleased
that SWRDA has confirmed that are settling the issue. £159,000
is a good amount to cover the costs incurred by the Civic Pride
team over several years."
Cllr Neville Jones welcomed the news, telling Burnham-On-Sea.com:
"This is great news for Burnham. The money has been winkled
out of SWRDA through constant pressure from Burnham's Civic Pride
would have liked a settlement closer to £350,000 but are
very pleased with this figure, which will enable a number of town
centre improvements to be made."
meeting of the Civic Pride steering group will be held on Thursday
(April 8th) to start discussing how the money can be spent in
follows the severe blow last June when the South
West Regional Development Agency decided not to award Burnham
£750,000 of expected regeneration funding.