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