Meeting documents

POSITIVE IMPLICATIONS

NEGATIVE IMPLICATIONS

COST/INCOME

TIMESCALE

1.

Do nothing

None

Building deteriorates further.

Maintenance liabilities rise.

Poor image of council and negative impact on neighbourhood.

Liabilities due to unsafe asset.

Revenue cost of £66k p.a. annum will rise

Ongoing

2.

Sell to Housing Association or private developer.

Small number of dwellings built.

Lose control of asset.

Loss of community provision.

Potential further deterioration of asset while awaiting redevelopment.

£300-400k potential income

Short

3.

Demolish and install all weather sports court/sports facility.

Increase the provision of useful community open space.

Loss of indoor community provision.

Demolition costs C 100k.

Build costs C.£200k.

Ongoing maintenance costs C £5k revenue.

BCP grant unlikely.

Medium

4.

Demolish and build more modest youth and community centre.

Opportunity to build energy efficient, DDA compliant modern youth and community centre which is fit for purpose.

None

Demolition cost C £100k

New build C £800k.

Revenue costs lower than £66k p.a.

Probably unable to access BCP grant.

Medium

5.

Refurbish and develop youth and community space, workspace, create community IT/resource centre/internet café/training and conferencing facilities as BCP proposal.

Create good facility which provides for a wide range of community needs.

Number of issues to be tested via feasibility e.g. Planning, ongoing revenue costs, realism re income generation, value for money of investment into fundamentally poor quality building.

Major Refurbish C £1200k.

Demolition of ancillary building C £20k

Revenue costs C £66k

Strong chance of £500k BCP grant.

Medium

6.

Phased approach - half refurbished for youth centre and half refurbished as shell ready for future investment.

May help with phased approach to securing funding and tenants.

Design of building and Services means comprehensive solution is more effective.

Refurbishment cost C.£500k.

Demolition of ancillary building C £20k.

Revenue cost C £66k.

Probably unable to access BCP grant.

Medium