Decision details
City Centre Public Realm Investment (To follow)
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Decisions:
Councillor Lowry (Cabinet Member for Finance) introduced a report on the Civic Centre and Public Realm with a slideshow presentation.
Following a short debate and having considered the information in the reports, Cabinet agreed to:
· Approve the draft Business Case;
· Allocate £3.412m for the project within the Capital Programme funded by £3.412m corporate borrowing and or external grants;
· Approve the virement of £1.1m from the previously approved Armada Way South scheme, £0.440m corporate borrowing and £0.660m CIL, and request that officers to continue to seek external funding to contribute to this pivotal element of the revitalisation of the City Centre, to minimise the amount of borrowing;
· Authorise the necessary procurement processes;
· Delegate the award of contracts to the Strategic Director for Place.
Urgent item?: Yes
Publication date: 05/03/2019
Date of decision: 05/03/2019
Decided at meeting: 05/03/2019 - Cabinet
Accompanying Documents: