Received a report seeking approval for a Stage
1 application to the Heritage Lottery Fund (HLF) for the Barking
Park Restoration and Improvement Project.
Agreed, in order to secure
external funding to support the restoration and improvement of
Barking Park and assist the Council in achieving its Community
Priorities of “Making Barking and Dagenham Cleaner, Greener
and Safer”, “Raising General Pride in the
Borough” and “Regenerating the Local Economy”,
to:
- A £3.5 Million Stage 1 grant
application to the HLF, as set out in paragraph 4.2 and 5.1 of the
report;
- Give consideration to submitting a
new capital bid for £2,123,550, for the financial year 2006 /
2007, as part of the Council’s match funding contribution and
subject to the project receiving a
positive appraisal through the Capital Programme Management Office;
This bid is to be considered in the context of the full review of
the Capital Programme;
- Create a four year grant aided
Project Manager Post for Barking Park from 2006 at a match funding
cost of £28,000 from 2006 / 2007, subject to the growth
bidding process;
- Note the projected revenue increase
of £172,000 from 2007 / 2008 subject to a further detailed
report to the Executive on how this revenue is to be funded, as a
part of the revenue budget process for 2007 / 2008 and any
revisions to the Medium Term Financial Strategy;
- Allow officers to investigate a
preferred management structure for Barking Park post completion,
subject to a further detailed report to the Executive as to how
this will be funded; and
- Authorise the Director of
Regeneration and Environment to submit the application and to
ensure that any subsequent requirements of the HeritageLottery Fund
are met.