Decision details
Capital Strategy 2022/23 – 2027/28 Mid-Year Review
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
This report provides a mid-year review of the
prioritised projects contained within the Capital Strategy in
2023/24.
Decision:
RESOLVED:
3.1 To approve the updated
priority and aspirational capital scheme schedules for inclusion in
the draft Capital Strategy, ahead of wider Member engagement.
3.2. To approve progression of the schemes detailed in the priority
capital scheme schedule to business case to develop and assure the
associated costs and funding proposed.
3.3. To recommend to Council the approval of additional funding of
£2.228m in relation to the Multi Agency Hub and the Pride
Hill capital schemes which form part of the Shrewsbury Town Centre
Redevelopment Programme.
3.4. To recommend to Council the approval of additional match funding of £0.647m in relation to the Council’s LUF Round 2 grant award which requires total match funding of £5.043m, £4.396m of which has been previously secured / approved.
3.5. To note the considerations raised in respect of the future direction of the North West Relief Road (NWRR) and the Oxon Link Road (OLR) detailed at section 9.
Report author: Ben Jay
Publication date: 08/09/2023
Date of decision: 06/09/2023
Decided at meeting: 06/09/2023 - Cabinet
Effective from: 16/09/2023
Accompanying Documents:
- Capital Strategy 2022.23–2027.28 Mid-Year Review-29062023 1208 PDF 418 KB
- Appendix A - Priority Schemes as approved ain March 2023 Capital Strategy (1) PDF 161 KB
- Appendix B - Updated Priority Capital Schemes Schedule (1) PDF 175 KB
- Appendix C - Amendments made to Priority Scheme Schedules (1) PDF 132 KB
- Appendix D - Aspirational Capital Schemes Schedule (1) PDF 154 KB