Issue - meetings

(LGA 1972 Sch 12A Paragraph 3 – Financial or business affairs of any particular person)

Item CB 15/35 referred from Cabinet minutes of 24 March 2015

(LGA 1972 Sch 12A Paragraph 3 – Financial or business affairs of any particular person)

Item CB 15/35 referred from Cabinet minutes of 24 March 2015

RESOLVED:  That the recommendations at Minute CB 15/35 be approved.

(LGA 1972 Sch 12A Paragraph 3 – Financial or business affairs of any particular person)

(LGA 1972 Sch 12A Paragraph 3 – Financial or business affairs of any particular person)

The joint report of the Director of Street Scene and Leisure and Director of Finance and Transformation provided an update on progress with the scheme to refurbish the Tonbridge Town Lock area.  Consideration was given to the appointment of a contractor in the light of the outcome of the tender evaluation process together with a funding package which included a significant financial contribution from the Environment Agency.

Members commended the Management Team for the work undertaken to progress the project.

RECOMMENDED:  That

(1)            the scheme outlined in the report to refurbish the Tonbridge Town Lock area be progressed;

(2)            the revised Collaborative Agreement between the Council and the Environment Agency be completed;

(3)            the building contract be awarded to Interserve to the value of £1,369,893;

(4)            the works be progressed in accordance with the timescale outlined in the report, commencing on site in late May 2015;

(5)            to support this funding arrangement and to safeguard the integrity of the Council’s finances, the annual capital allowance set out within the Medium Term Financial Strategy be reduced to £200,000;

(6)            the level of the annual capital allowance be reviewed again as part of next year’s Capital Plan Review process; and

(7)            authority be delegated to the Director of Central Services to enter into an appropriate form of agreement with the third party owner of the two small areas of land within the scheme to permit construction and, thereafter, use of the land as part of the scheme.
*Referred to Council