Decision details

To move £60,000 from the provisional capital programme to the approved capital programme.
The Council has conditionally contracted to sell 3 sites within the North Street regeneration area to St Edward Homes. In order to comply with contractual arrangements the Council need to continue with the appointment of various consultants. The current work includes:

• Working with the developer on design aspects of the
scheme.
• Rationalising contractual matters
• Relocation of the North Street Market.
• Arranging phased vacant possession.
• Moving Taxi Ranks.

The budget is required to fund officers' time, consultants dealing with these matters and some infrastructure and application costs in relation to the market and taxis.

The movement of funding from the provisional to approval capital programme is required in order to ensure the Council meets its contractual obligations in respect of the North Street Regeneration.

None.

Constitution Part 3- Delegation to the Chief Finance Officer Paragraph 35, 3-39: To authorise moving up to £200,000 from projects on the provisional capital programme to the approved capital programme.