Issue - meetings

Report of the Chief Executive

Presented by the Leader

The Leader presented the report to Members. He reminded them that the project was considered at the last meeting in January and the report before them was approving procurement of additional feasibility studies related to Phase 1 of the project and asking Cabinet to delegate authority to commit some expenditure of the Coalville Project reserve.

He informed Members that further reports would be provided to Cabinet explaining actual costs and the output of work commissioned, adding that the project team was continuing to aim for many strands of the current phase coming forward during April.

Councillor T J Pendleton stated that it was vital to scope the landscape as to what options were available, which would allow making of crucial decisions to deliver the project.

Councillor N J Rushton stated that he supported the project and that money had to be spent to deliver the outcome.

It was moved by Councillor R Blunt, seconded by Councillor T J Pendleton and

RESOLVED THAT:

A.    The procurement of further feasibility studies related to stage of phase 1 of the Building Confidence in Coalville Project be approved.

B.    Authority be delegated to the Chief Executive in consultation with the Leader to commit expenditure of part of the Coalville Project reserve.

Reason for decision: To seek Cabinet's authority to procure further feasibility studies related to Phase 1 of the Building Confidence in Coalville project and to ensure any decision made by the Chief Executive in consultation with the Leader with regards to expenditure of the Coalville Project Reserve is made in accordance with delegations approved by Cabinet.