That the Cabinet Member:
1. Authorises the Council to accept the following grant offers for RISE 2016-2019:
a. Up to £240,000 from Sheffield University;
b. Up to £240,000 from Sheffield Hallam University;
c. Up to £150,000 from the Sheffield City Region.
2. Delegates authority to the Executive Director of Place, in consultation with the Director of Finance and Director of Legal and Governance, to finalise and enter into a funding agreement with Sheffield City Region, and to determine the procedure for distribution of the RISE funding.