Issue - meetings
External Funding Plan -
Meeting: 28/10/2020 - City Growth and Resources Committee (Item 10)
10 External Funding Plan & Town Centre Fund Phase 2 - COM/20/180 PDF 310 KB
Additional documents:
Decision:
(i) to approve the External Funding Plan included at section 4;
(ii) to approve the allocation of an additional £77,295 to the Queen Street Demolition (29-31 Queen Street) project;
(iii) to approve the allocation of £48,623 to the Belmont Filmhouse Project;
(iv) to approve the allocation of £300,000 to the Intelligent Street Lighting project phase 3;
(v) to approve in principle support for the acquisition of the University of Aberdeen Surface car park on Queen Street, without allocation of funding at this time; and
(vi) to agree that remaining funds of £58,082 be allocated to any additional costs for existing projects and then to the Queen Street land acquisition.
(vii) to instruct the Chief Officer – City Growth to report back to the meeting of this Committee on 3 February 2021 with a progress report of allocated projects and to inform the Committee of any uncommitted funding and options of how this may be distributed.
Minutes:
With reference to article 16 of the minute of the previous meeting of 6 February 2020, the Committee had before it a report by the Chief Officer – City Growth which provided an update on the external funding priorities for the year ahead and sought approval of the proposed allocation of phase 2 Town Centre Fund to the proposed projects.
The report recommended:-
that the Committee –
(a) approve the External Funding Plan included at section 4;
(b) approve the allocation of an additional £77,295 to the Queen Street Demolition (29-31 Queen Street) project;
(c) approve the allocation of £48,623 to the Belmont Filmhouse Project;
(d) approve the allocation of £300,000 to the Intelligent Street Lighting project phase 3;
(e) approve in principle support for the acquisition of the University of Aberdeen Surface car park on Queen Street, without allocation of funding at this time; and
(f) agree that remaining funds of £58,082 be allocated to any additional costs for existing projects and then to the Queen Street land acquisition.
The Committee resolved:-
(i) to approve recommendations; and
(ii) to instruct the Chief Officer – City Growth to report back to the meeting of this Committee on 3 February 2021 with a progress report of allocated projects and to inform the Committee of any uncommitted funding and options of how this may be distributed.