Decision details

Strategic Property Investment Portfolio - Cannon House Refurbishment

DECISIONS CAN BE IMPLEMENTED AT 5PM ON THE DAY THAT A CALL-IN EXPIRES. DECISIONS MAY BE ENACTED AFTER 5PM ON THE DAY PRIOR TO THE DATE INDICATED BELOW IN THE 'EFFECTIVE FROM' COLUMN

Decision Maker: Adur Cabinet Member for Finance and Resources, Worthing Cabinet Member for Resources

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

The Adur Executive Member for Resources has agreed to abstain from this decision as a Worthing matter.

 

The WBC Executive Member for Resources has approved the refurbishment of Cannon House; authorised the release of a budget of up £400,000 from the Strategic Property Investment Fund (including professional fees) to meet the forecasted build costs; delegated authority to the Head of Major Projects and Investment to undertake a procurement exercise; and to enter into a construction contract after consulting with Executive Members on the outcome of that procurement process. 

Reasons for the decision:

I approve the recommendations for the reasons set out in the report and following discussions with the Head of Major Projects and Investment. I believe that this is a valuable inward investment in order to promote economic growth.

Alternative options considered:

Alternative options have been considered and dismissed.

Publication date: 15/12/2020

Date of decision: 15/12/2020

Effective from: 23/12/2020

Accompanying Documents: