Total: £45,591,000
Torre Abbey Renovation - Phase 3
Council commitment to proposed further renovation works at Torre Abbey, awaiting further bids for funding.
- Latest approval: Council - 27 February 2020
- Total estimated cost: £1,700,000
- 2022/23 Budget: £1,700,000
Regeneration Programme and Economic Growth Fund
Council received a report in October 2017 proposing to borrow £25 million to support Town centre Regeneration.
- Latest approval: Council - 19 October 2017
- Total estimated cost: £90,391,000
- 2022/23 Budget: £40,391,000
Council agreed additional £100m Torbay Economic Growth Fund allocation to fund further regeneration
- Latest approval: Council - 18 July 2019
Tor Vista - Loan
To facilitate the work of the Housing Rental Company, in the form of a loan for a capital purpose
- Latest approval: Council - 20 July 2017
- Total estimated cost: £24,442,000
- 2022/23 Budget: £2,500,000
Capital Contingency
Capital allocation to support approved capital projects to ensure their viability that are subject to higher costs either from supply chain issues or cost inflation. Allocation of contingency to be by Chief Finance Officer in consultation with Leader of the Council and Cabinet Lead for Finance and reported to Cabinet.
- Latest approval: Council - 3 March 2022
- Total estimated cost: £4,000,000
- 2022/23 Budget: £1,000,000