Decisions for issue Royal Pavilion Estate Capital Project

RESOLVED:

1)     That the Committee notes the progress made to date on the Royal Pavilion Estate capital project Phase 1, which has an estimated cost of £19.1 million, and the successful bids for ACE Stage 2 and HLF Round 2 match funding totalling £10.8million towards these Phase 1 capital works.

2)     That the Committee delegates authority to the Assistant Chief Executive and Executive Director, Finance & Resources to procure and appoint the main contractor to carry out the Phase 1 capital works to the Corn Exchange and Studio Theatre where the tender price is within the project budget.

3)     That the Committee delegates authority to the Assistant Chief Executive and Executive Director Finance & Resources to procure and appoint consultants to carry out the works required to satisfy the conditions of the HLF and ACE grant funding where these costs are identified within the project budget.

4)     That the Committee notes the financial implications set out in paragraph 7.1 and agrees that the Executive Director Finance & Resources may implement the option of borrowing to mitigate financial risks and that if this risk does not materialise during Phase 1 the risk provision may be rolled forward to support Phase 2 of the Royal Pavilion Estate improvement works.

5)     That the Committee resolves that the City Council appropriates the land for planning purposes identified as Phase 1 on the plan ‘Phasing of Capital Works to the Royal Pavilion Estate’ at Appendix 1 and on ‘Royal Pavilion Estate Phase 1 Site Plan’ at Appendix 2 under sections 226 and 227 of the Town and Country Planning Act 1990 (TCPA1990).