Canal Project Update and Funding Request

June 26, 2025 Strategy and Resources Committee (Committee) Awaiting outcome View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

The Strategy and Resources Committee decided to allocate an additional £1.5 million of Council funding towards the Phase 1B canal restoration project, conditional on receiving further funding from the National Lottery Heritage Fund. The committee also recommended reducing the project's capital budget by £49,000 and agreed that the Council would be responsible for any funding shortfall or cost increase, except for the additional lottery funding.

Full council record

Purpose

The CCC Phase 1B project is submitting an additional funding bid to NLHF by 14 July 2025 to secure funding to complete the project and reconnect the Stroudwater Canal to the national canal network at Saul Junction.
Additional funding is required from project partners and fundraising to match the NLHF bid request. The details will be set out within this paper.

Supporting Documents

Item 9 -Appendix 2 - Finance update Canal Tables.pdf
Item 9 - Canal Project Update and Funding Request.pdf
Item 9 - Appendix 1 - NLHF Additional Grant Request.pdf
Item 9 - Appendix 3 - Value Engineering Cost Saving V2.pdf
Item 9 - Appendix 4 - NLFH update presentation - 10 June 2025.pdf
Item 9 - Appendix 5 - Monitoring Evaluation Framework Toolkit.pdf

Details

OutcomeFor Determination
Decision date26 Jun 2025