Decision details

Approval To Allocate Additional Funds To The Watermeadow Court Demolition Budget

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The report requests additional funds be allocated to the project to cover the cost of removing significant fly-tipped material, and pay for site security.

Decision:

1.    That approval be given to allocate an additional £563,000 to the approved budget for the site clearance, enabling work and demolition of Watermeadow Court Housing Estate to cover the increased costs of site clearance and security under the demolition and enabling works contract funded by unrestricted capital receipts from the Decent Neighbourhoods programme and to note this will ultimately increase the Housing Capital Financing Requirement.

 

2.    That approval be given to allocate an additional £95,000 to the already approved budget of £100,000 for increased Employer’s Agent consultancy fees, consultancy contingency and capitalised staff salaries and UK Power Networks utility disconnection costs funded by unrestricted capital receipts from the Decent Neighbourhoods programme and to note this will ultimately increase the Housing Capital Financing Requirement.

 

Report author: Matthew Doman

Publication date: 05/06/2018

Date of decision: 04/06/2018

Decided at meeting: 04/06/2018 - Cabinet

Effective from: 11/06/2018

Accompanying Documents: