Purpose

This is a summary of the New Capital Proposals
considered by the Capital Strategy Group on 27 February
2024.

Content

RESOLVED
that:-
 
Berwick Culture and Creative Zone
 

(a) 
Cabinet accept capital grant funding of £0.330
million for the Berwick Culture and Creative Zone (CCZ) and approve
the amendment to the Capital Programme to include the capital grant
funding in 2024-25;

(b) 
Cabinet note the reallocation of grant funding from
revenue to capital of £0.110 million and approve the
amendment to the Capital Programme to include the capital grant
funding in 2025-26; and

(c) 
Cabinet approve the amendment to the Capital
Programme to reprofile £0.100 for the CCZ project from
2024-25 to 2025-26.
 
Northumberland Playzones
 

(a) 
Cabinet note the 75% grant contribution of
£1.396 million from the Football Foundation for the 6 sites
within Portfolio 1 and approve the amendment to the capital
programme to include the grant funding in 2024-25;

(b) 
Cabinet note the Section 106 funding of £0.284
million and approve the amendment to the Capital Programme to
include the funding in 2024-25;

(c) 
Cabinet note the other external funding of
£0.050 million detailed in the report and approve the
amendment to the Capital Programme to including the funding in
2024-25;

(d) 
Cabinet note the £0.020 million contribution
from Cllr Stewart and Cllr Scott and approve the amendment to the
Capital Programme to reallocate £0.020 million from the
Member’s Local Improvement Schemes budget to the
Northumberland Playzones Project in 2024-25; and

(e) 
Cabinet approve the proposed spend of £0.111
million which will be funded using the existing Northumberland
Playzones project in the Capital Programme, which has a current
budget of £0.300 million in 2024-25.