Decision details

Commercial Estate Refurbishment

Decision Maker: Chief Finance Officer (S151)

Decision status: Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To increase the capital budget for the development of the Riverside Suite for essential structural safety works necessary alongside the refurbishment of Riverside Apartments.

Decision:

To fully approve additional capital amounting to £123k from the Corporate Capital Contingency.

Alternative options considered:

We could not do nothing as we have a development agreement with our commercial partner to provide this maintenance obligation.

Publication date: 03/06/2021

Date of decision: 02/06/2021