Issue - meetings

The report of the Strategic Director of Place

Presented by the Business and Regeneration Portfolio Holder

The Housing, Property and Customer Services Portfolio Holder presented the report.

The Chair said that the Moira Furnace was an important building and it was important that the Council did not let it deteriorate.

It was moved by Councillor A Woodman, seconded by Councillor T Gillard, and

RESOLVED THAT:

1. The decision to proceed with repair works to Moira Furnace at a contract value of £490,000 be approved.
2. An additional £160,000 be allocated from the Business Rates Reserve to meet the tendered cost of the works, which will be reflected in the Development Programme of the Capital Programme.
3. Authority be delegated to the Strategic Director for Place in consultation with the Business and Regeneration Portfolio Holder to:

A)    Agree the terms of the construction contract within the revised budget.

B)    Complete such other agreements as shall be necessary to implement the project, within the approved budget

Reason for decision: Decisions to award contracts of the value set out in this report are a matter for Cabinet.

Decisions to allocate funding from the Business Rates Reserve at the scale requested in this report are a matter for Cabinet.