Transforming Nuneaton - Vicarage Street Development
July 23, 2024 Cabinet, County Council (Other) Key decision Approved View on council websiteThis 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
...to approve £5.14m from the Capital Inflation Contingency Fund and a £6.70m increase to the capital programme, bringing the total scheme budget to £26.12m, for the delivery of a new Library and Business Centre in Nuneaton as part of the Transforming Nuneaton - Vicarage Street Development.
Full council record
Purpose
Update on the delivery of Vicarage Street
development, Nuneaton
Decision
That Council approves:
1.
The allocation of £5.14m from the Capital Inflation
Contingency Fund for the delivery of a new Library and Business
Centre in Nuneaton; and
2.
A £6.70m increase to the capital programme, for the new
Library and Business Centre in Nuneaton allowing for the
inflationary uplift referred to at resolution 1, the land purchase
price and a contribution of up to £1.5m from the West
Midlands Combined Authority (WMCA), giving a total scheme budget of
£26.12m.
Supporting Documents
Details
| Outcome | Recommendations approved |
| Decision date | 23 Jul 2024 |