Issue - meetings

[See also under Part A Minutes]

RECOMMENDED:    ii)        That Council approve the allocation of £200k of the £4M allocated in the Council’s capital programme for the Community Stadium being released for the purpose of developing the business case to the next key stage.

REASON:                              To enable progress to be made on the Community Stadium project.

[See also under Part A 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 reported 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.

It was confirmed that if the procurement exercise commenced in January/February 2012 it would result in the completion of the new facilities in 2014. An indicative project plan had been included at Annex 1 of the report.

RECOMMENDED:    ii)       That Council approve the allocation of £200k of the £4M allocated in the Council’s capital programme for the Community Stadium being released for the purpose of developing the business case to the next key stage.

REASON:                              To enable progress to be made on the Community Stadium project.