Decision

Decision
RESOLVED
 
That Cabinet recommend to full Council that it
approves the required works to the Overstrand sea wall (option 4 of
this report at paragraph 3.9) and that £1.280m be added to
the Capital Programme for 2025/26 for this scheme and that this be
funded by £0.245m of capital receipts, £0.386m of grant
funding if able to obtain grant funding and the balance from
borrowing.
 
That Cabinet agree Option 1 for
the financing of the scheme (as outlined in the table at paragraph
1.5 of Appendix A)
 
That Cabinet recommend to full
Council that the scheme be funded by up to a maximum of
£1.035m of borrowing. It should be noted that the Council may
be able to access grant funding (c. £0.386m) for this scheme
and if successful it is proposed that the level of borrowing be
reduced to £0.649m.
 
That Cabinet approve that
delegated authority be given to the Assistant Director for
Sustainable Growth, in consultation with the portfolio holder for
Coast, to procure, design and deliver the scheme, together
with the development of any applications for external funding or
necessary consents.
 
Reason for the decision:
 
To ensure appropriate measures
are taken in a timely manner to maintain the integrity of the sea
wall at Overstrand for as long as is feasible in the circumstances
and in accordance with the Shoreline Management Plan.