Decision - Kingsway to the Sea

RESOLVED:

That the Committee:

2.1      Approves the reduction in scope of the project to fit within the total budget outlined in paragraph 3.8 below and delegates authority to the Executive Director for Economy, Environment & Culture to take all steps necessary to re-commence the project.

2.2      Agrees that the total project budget has increased to £13.76m as set out in paragraph 3.8 below. Also agrees that there is a further opportunity to return to this committee in July 2023 if additional funding becomes available to deliver an increased scope.

2.3      Agrees that paragraph 3.13 is an indicative schedule of omissions from the project and that some items may be changed or substituted to reach the target budget figure.

2.4      Notes the target completion of the Levelling Up Fund spend by the 31^st March 2024.

2.5      Notes that receipt of next and future payments from the Levelling up Fund is subject to their acceptance of a change request detailing the proposed omissions. A further report may be required to this Committee depending on the view from Government.