| Item | Description | Resolution |
|---|---|---|
| PART 1 - PUBLIC | ||
| MATTERS FOR RECOMMENDATION TO THE COUNCIL | ||
| CB 13/036 |
Capital Plan Update |
Further to Minute CB 13/032, the report of the Management Team brought forward a Capital Plan evaluation for the new Bradford Street Leisure and Community Centre proposed as part of the overall Tonbridge town centre redevelopment project. The detailed evaluation for the new building, set out at Annex 1 to the report, contained exempt information and was considered in the private part of the meeting (Minute CB 13/047 refers). The report also gave an update on progress with the improved scheme for Tonbridge Memorial Garden and proposed an additional provision within the Capital Plan to meet the funding shortfall to enable the project to be integrated with the development at Bradford Street. It was anticipated that the additional provision would be recovered in due course by means of Section 106 contributions. Finally, Members were advised of an overspend on a recently completed scheme to stabilise the Tonbridge Castle East Curtain Wall. RECOMMENDED: That (1) a Capital Plan scheme be introduced to enable the Bradford Street Leisure and Community Centre to be progressed with costs met in full from funds provided by the redevelopment of Tonbridge town centre; (2) the Capital Plan provision in respect of the Tonbridge Memorial Garden Improvement scheme be increased by £100,000 to enable forward-funding from the Revenue Reserve for Capital Schemes and to maximise recovery in due course through Section 106 contributions and fund raising activity by the Memorial Gardens Trust; and (3) the overspend on the Capital Plan scheme to stabilise the Tonbridge Castle East Curtain Wall be noted for the reasons outlined at paragraph 1.3.3 of the report. *Referred to Council |