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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 icon 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.