Decision details

To provide an update to the Executive on the progress of this project and ask the Executive to consider further funding related issues

Following the decision agreed by Minute 148 2008/09 to establish a Skills Centre on the London Road /North Street site, received a report from the Corporate Director of Children’s Services regarding funding options to implement the proposals.

Agreed, in order to assist the Council to achieve all of its Community Priorities to:

  (i)  Confirm their support for the Skills Centre as a priority project , and the subsequent rationalisation of the Capital Programme to accommodate this scheme, the impact of which will be advised to Members at a later date;

  (ii)  Approve the inclusion of this scheme within the current capital programme;

  (iii)  Prudential borrowing for this scheme for the sum of £8.97m subject to any sum identified from (iv) below; and

  (iv)  officers seeking a financial contribution from Barking College towards meeting the capital costs of building the Skills Centre as a condition of the partnership arrangement.