That £30,000 be allocated from the S106 fund already available for improvements to Newport Road, Caldicot (£170,000) and walking and cycling improvements (£50,000); this to be used to acquire specialist support to develop a town centre regeneration plan.
That the remaining £190,000 be held in abeyance should funding be required in support of any grant applications contemplated.
Should timescales demand that the £190,000 revert to spending upon improvements to the pedestrianized area, Newport Road, Caldicot and walking and cycling improvements.