Decision details
Community Stadium and Leisure Facilities Update
Decision Maker: Executive
Decision status: Decision Made
Is Key decision?: No
Is subject to call in?: No
Decision:
Recommended: That Council approve £4m Prudential Borrowing for the capital investment in the replacement leisure facilities (as shown in the tables at paragraph 22 of the report). The associated revenue costs of the borrowing will be c£360k per annum and will be shown as growth in the treasury management budget from 2016/17.
Reason: To update Members on the procurement of the New Stadium Leisure Complex and in order to progress the scheme to provide a landmark leisure destination for the City.
Publication date: 09/09/2014
Date of decision: 09/09/2014
Decided at meeting: 09/09/2014 - Executive