Issue - meetings

This report provides an update on the Community Stadium project, including details of the timetable for progression of the business case and the resources required to develop the business case to the next stage.

[See also under Part B Minutes]

RESOLVED:         i)              That Cabinet note the progress made to date on developing the business case for the Community Stadium.

REASON:                              To update members on progress to date with this project.

[See also under Part B Minutes]

Consideration was given to a report which set out details of the timetable for progression of the business case and details of the resources required to develop the business case for the next stage of the Community Stadium project.

A planning application had now been submitted for the enabling development and, subject to the development gaining approval, it was reported that the Council’s vision was deliverable. A summary of the capital funding position was set out in Tables 1 and 2 of the report. It was confirmed that to date £398k of council revenue funds had been spent or committed and £200k was now required to undertake the next stage of the business plan.

If the procurement exercise commenced in January/February 2012 the new facilities it was reported would be completed in 2014. An indicative project plan had been included at Annex 1.

RESOLVED:         i)              That Cabinet note the progress made to date on developing the business case for the Community Stadium.

REASON:                              To update members on progress to date with this project.