Issue - decisions

Neighbourhood CIL: High Value Allocations: Seymour Centre and Abbey Centre

15/07/2024 - Neighbourhood CIL High Value Allocations: Seymour Centre and Abbey Centre

Cabinet approved:

 

The allocation of £1 million of Neighbourhood CIL funding from the Marylebone Neighbourhood Area pot to the Council to support the transformation of Seymour Leisure Centre.

 

The allocation of £424,435 of Neighbourhood CIL to support the restoration of the Abbey Centre.

 

Reasons for Decision:

 

There is a need for Neighbourhood CIL funding to supplement the project’s capital budget, driven by rising costs from build cost inflation and from changes to the project that reflect community responses to the extensive consultation and engagement exercise.

 

The funding will support a programme of works that will transform Seymour Leisure Centre into high-quality community infrastructure which will be a flagship project to benefit the local community.

 

Cabinet approved this decision to ensure robust and effective expenditure and reporting in line with the Community Infrastructure Levy Regulations 2010 (as amended) and in accordance with the council’s strategic priorities, CIL spending policy statement and its framework for resource allocation and management. 

 

Implementation Date: 5pm 22/7/24