£100k investment approved for Hamilton town centre
![](https://investmoneyuk.com/wp-content/uploads/2024/05/0_Hamilton-Town-Centre-Masterplan-780x470.jpg)
South Lanarkshire councillors have agreed to invest £100,000 in Hamilton town centre.
At the Finance and Corporate Resources committee meeting last week (May 21) plans to progress the masterplan for Hamilton town centre were put in motion as elected members gave the go-ahead to contribute the cash from the Common Good Fund.
Councillor Lesley McDonald (Larkhall), chair of the committee, said: “A report on the Hamilton Town Centre Masterplan was presented to the executive committee in February, setting the strategic priorities and investment for the town centre for at least the next 15 years.
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“To meet these aims, pursue all opportunities for government funding, and compete with other local authorities, developed plans for projects incorporated within the masterplan need to be in place.
“I am delighted that colleagues on the committee have agreed to the allocation of Common Good Funding to secure the future of Hamilton town centre, and very much look forward to seeing the detailed plans evolve.”
The investment will now allow a project at the relevant planning stage, which is a UK and Scottish Government requirement, for applications to national funding programmes to be made.
The Common Good is a fund of money and assets administered by a Scottish local authority, in respect of each of its former burghs, and is separate from other council assets.
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