Decision:
That the Foxenden Tunnels be mothballed, subject to undertaking annual inspections to ensure its continuing safety, and that the position be reviewed in three years’ time.
Reason:
The decision was based on a financial analysis of the cost of repairs, the likely rental income and potential loss of income from parking to provide safe access to support a commercial letting.
Other options considered and rejected by the Committee
1. Increase the existing budget by a further £190,000 to enable the repair work as originally envisaged to be undertaken.
2. Increase the existing budget by a further £120,000 to enable the bare minimum repair work to be implemented but without the potential for further use.
3. To make a review of the position in five years’ time.
Details of any conflict of interest declared by the Chairman or members of the Committee and any dispensation granted:
None.