Capital Investment Plan Updates - March 25
Decision Maker: Director of Finance
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Decision:
i) That the Mayfield College relocation project be added to the Capital Plan and to progress through feasibility and design up to Full Business Case (FBC) with an initial allocation of £70,000 from the ringfenced SEND capital funds;
ii) That the Brixham Harbour Public Realm Project commences with delivery via SWISCo as the prime contractor, and full Levelling Up Partnership (LUP) funding of £750,000 be allocated;
iii) That the Brixham Central carpark progress through the next stage of design up to planning consent and Outline Business Case (OBC) utilising the full allocation of LUP funding of £250,000.
Subject to approval from the Ministry of Housing and Local Government (MHCLG), an additional allocation of £200,000 would also be transferred from the Levelling Up Funds Round 3 (LUF3) to support this tranche of design; and
iv) That the Brixham Port Infrastructure Project progress through to the next stage of design up to Planning consent and Outline Business Case (OBC) utilising an additional allocation of £370,483 from the LUF 3 funds.
Reasons for the decision:
All projects were reviewed at the Capital and Growth Board meeting held on Wednesday 5 March 2025, and deemed to be strategically advantageous and satisfactorily compliant in terms of their feasibility and levels of risk to enable them to progress.
Alternative options considered:
Approval of this decision enables the projects to progress within a controlled process, minimising the risk of not fully utilising the grant funding available.
Implementation:
This decision will be implemented immediately.
Information:
Updates to the Capital Investment Plan following satisfactory review of business cases at the Capital and Growth Board meeting held on 5 March 2025, for the following projects:
· Mayfield College relocation (Project Initiation Document);
· Brixham Harbour Public Realm (Full Business Case);
· Brixham Central carpark (Strategic Outline Case); and
· Brixham Port Infrastructure Project (Strategic Outline Case)
Interests and Nature of Interests Declared:
None.
Publication date: 12/03/2025
Date of decision: 05/03/2025
Contact Governance Support
- Email: governance.support@torbay.gov.uk
- Tel: 01803 207087
- Fax: 01803 207112
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