Decision details

North Street Development - consultancy and advice

Decision Maker: Joint Strategic Director Finance (S151)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

To move £100,000 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/Planning
• Arranging phased vacant possession.
• Moving Taxi Ranks.

The budget is required to fund officers’ time and consultants’ time dealing with these matters.

Reasons for the decision:

Without a budget to pay for officers’ time and consultant time the Council is likely to fail to meet its contractual obligations in respect of the North Street Regeneration.

Alternative options considered:

None.

Source of Authority to take Decision:

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.

Publication date: 26/09/2023

Date of decision: 26/09/2023