Issue - meetings

The Cabinet Member for Investment, Regeneration & Tourism presented a report, which sought to confirm the level of funding for the Plantasia capital development works in partnership with Parkwood Leisure.

Resolved that:

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

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

3)              A Project monitoring mechanism be developed to manage the individual schemes with appropriate officer representation and sign off process;

4)              Grant funding opportunities be explored in partnership with Parkwood Leisure to reduce the amount of capital borrowed and repayment costs to the Council.