To consider a report from the Director for the Economy, a copy is attached as item 16.
Before the Committee was a report by the Director for the Economy, copies of which had been circulated to all Members and a copy of which is attached to the signed copy of these minutes as Item 16.
The report requested that Members agree to the recommended virement to enable the re-profiling of the programme of works for Buckingham and High Street Multi-Storey Car Park refurbishment projects, allowing capital funds of £800,000 to be brought forward for use into the 2020/21 budget year.
The recommendations in the report were proposed by Councillor Kevin Jenkins, seconded by Councillor Daniel Humphreys and unanimously agreed by the Committee.
The Joint Strategic Committee agreed a budget virement of £800,000 from the capital allocation for High Street MSCP to the Buckingham MSCP project budget. This would enable the regenerative benefits and improvement options identified, to be incorporated into the Buckingham MSCP scheme.
The call-in deadline for this decision will be 5.00pm on 19 June 2020.