Issue - meetings

FPR7 - Capital Investment to City Leisure Centres in Partnership with Freedom Leisure.

Meeting: 15/11/2018 - Cabinet (Item 93)

93 FPR7 - Capital Investment to City Leisure Centres in Partnership with Freedom Leisure. pdf icon PDF 170 KB

Additional documents:

Minutes:

The Cabinet Member for Investment, Regeneration and Tourism presented a report which proposed confirmation of a level of funding for the Leisure Centre capital development proposals in partnership with Freedom Leisure.

 

The report was necessary in order to comply with Financial Procedure Rule No 7 (Capital Programming and Appraisals) to commit and authorise the schemes, as set out in the Tender from Freedom Leisure, within the Council’s Capital programme. 

 

Resolved that:

1) The overall Capital Development principles be approved together with their financial implications;

2) Authority be given to draw down the Capital borrowing and to authorise the schemes contained within the Capital Development principles;

3) A Project Board be developed to manage the individual schemes with appropriate officer representation;

 

4) Grant funding opportunities be explored in partnership with Freedom Leisure to increase the level of capital available to further enhance the development proposals and expand where feasible, other facility upgrades.