Decision details

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