Agenda item

To receive and consider the confidential report of the Town Clerk/CEO

The Committee received and considered the confidential report of the Town Clerk and she was requesting that Members give consideration to the priority of these projects.

The Members considered the three major projects identified in the report and were concerned about the considerable cost of each project. One of these projects’ propositions had changed significantly, potentially leaving the Council exposed to a much greater risk. Members felt that the skatepark project needed to be progressed as a standalone project; the Deputy Town Clerk confirmed that in fact the contractors had included they could assist with fundraising as part of the brief.

To fund all three projects, it would be necessary for the Council to take out a substantial public works loan. Further information was required as to whether this was affordable given the current economic climate.

Recommended:

1.      That, the confidential report is noted and,

2.      That, the skate park project be progressed as a standalone project and,

3.      That, Officers explore the cost and funding of three project outlined in the report with an update being provided at a future meeting.