CALDICOT Town Team could be boosted by more than £40,000 if development money is approved tomorrow.

It is expected that £41,000 of Section 106 (S106) funding will be allocated to the town team in order for the organisation to deliver a range of activities and outcomes over the coming year.

As a consequence of the Asda development in Caldicot, £225,000 of S106 funding was provided to enable the creation of a town centre partnership to support and develop the town centre. Caldicot Town Team was created as a community interest company to undertake this role and have been drawing down S106 funding to facilitate one off projects.

The Town Team has developed an action plan, based on 12 months of activities and projects which has been shared with the Severnside Area Committee and town team members.

It is proposed that £41,000 of S106 funding will be allocated to fund these activities, to be paid to the town team on a quarterly basis.

A decision will be made at cabinet tomorrow (7th September).