Purpose

This report summarises proposed amendments to
the Capital Programme considered by the Capital Strategy Group on
19 December 2024.

Content

RESOLVED
that:-
 
(a)      Cramlington Youth Zone
Cabinet
approve the spend of £0.498 million (£0.144 million in
2024-25 and £0.354 million in 2025-26) to build a
purpose-built youth facility in Cramlington. This spend will be
funded from the existing Cramlington budget in the capital
programme. Note that this project will be delivered by Cramlington
Town Council via a grant funding agreement with the Council.

     Cabinet approve the
amendment to the capital programme to reallocate £0.498
million (£0.144 million in 2024-25 and £0.354 million
in 2025-26) from the Cramlington project to the Cramlington Youth
Zone project.
(b)     Coronation Park Dementia
Garden
Cabinet
approve the spend of £0.255 million (£0.046 million in
2024-25 and £0.209 million in 2025-26) to deliver the
Coronation Park Dementia Garden. This spend will be funded from the
existing Cramlington budget in the capital programme. Note that
this project will be delivered by Cramlington Town Council via a
grant funding agreement with the Council.
Cabinet
approve the amendment to the capital programme to reallocate
£0.255 million (£0.046 million in 2024-25 and
£0.209 million in 2025-26) from the Cramlington project to
the Coronation Park Dementia Garden project.
(c)      Northumberland Line
Update
Cabinet
approve the following capital spend and amendments to the capital
programme in line with cost increases and increased funding from
the Department for Transport (DfT):

Reallocate £4.500 million of Council funding from the
Northumberland Line project to the Newsham Road Bridge project in
2024-25.
Add
an additional £67.801 million (£63.040 million in
2024-25 and £4.761 million in 2025-26) of external funding to
the Northumberland Line project. This funding is from the
Department for Transport to support the delivery of the
Northumberland Line Programme.

Reallocate £4.982 million of Council funding from the Capital
Contract Inflation budget to the Northumberland Line project in
2024-25.
Add
an additional £3.120 million to the Newsham Road Bridge
project in 2024-25. This spend will be funded from the Strategic
Management Reserve.

 
(d)     Whitton View, Rothbury
Cabinet
approve the spend of £0.272 million (£0.027 million in
2024-25 and £0.245 million in 2025-26) for the purchase of
two 3-bed houses on the Cussins development site – Land East
of Whitton View, Rothbury. The spend will be funded by £0.136
million HRA capital receipts and £0.136 million retained
treasury receipts.
Cabinet
approve the amendment to the capital programme to add the Whitton
View, Rothbury project of £0.272 million (£0.027
million in 2024-25 and £0.245 million in 2025-26).
(e)      Richard Stannard House
Conversion
Cabinet approve the spend of
£3.374 million (£0.371 million in 2024-25 and
£3.003 million in 2025-26) to convert Richard Stannard House,
a three-storey commercial building of 1164m2 on Bridge Street in
Blyth, into 16 apartments. This spend will be funded from the
existing Levelling Up Deep Dive Housing Renewal and Town Centre
Living project in the capital programme. Note this project will be
delivered by Advance Commercial Limited via a grant funding
agreement with the Council.
Cabinet
approve the amendment to the capital programme to reallocate
£3.374 million (£0.371 million in 2024-25 and
£3.003 million in 2025-26) from the Levelling Up Deep Dive
Housing Renewal and Town Centre Living project to the Richard
Stannard House Conversion.

     Cabinet approve the
spend of £0.371 million in advance of the business case
approval in order to develop the project.

     Cabinet approve the
award of a grant to Advance Commercial Limited of £3.374
million (£0.371 million in 2024-25 and £3.003 million
in 2025-26) and grant delegated authority to the Executive Director
of Place and Regeneration to enter into the grant funding agreement
totalling £3.374 million.