To consider a report by County Councillor Phyl Davies, Portfolio Holder for Property and Waste.
Minutes:
Cabinet considered a report on the costs of the Cultural Hub which had been examined by the team overseeing the project. The majority of costs around significant work had been verified and a funding shortfall of £481,899 identified which it was recommended should be funded from the capital budget. The Cabinet was reassured by the work undertaken by the project team overseen by the Project Board in identifying the costs.
The Leader advised that a topping out ceremony had been arranged for 27th October and she asked for all Cabinet members and Brecknockshire County Councillors to receive an invitation to attend. She also announced that the name of the cultural hub would be Y Gaer.
RESOLVED |
Reason for Decision: |
That the funding shortfall of £481,899.00 based upon known costs is funded from the Capital budget |
To ensure the project is funded to enable continuation to completion. |
Supporting documents: