Purpose

Update on the status of the project to
transform the land from the west of the King Alfred Leisure Centre
to the easterly section of Hove Lagoon.

Content

RESOLVED:
 

That the Committee:

 

2.1     
Approves the reduction in scope of the project to fit within the
total budget outlined in paragraph 3.8 below and delegates
authority to the Executive Director for Economy, Environment &
Culture to take all steps necessary to re-commence the
project.

 

2.2     
Agrees that the total project budget has increased to £13.76m
as set out in paragraph 3.8 below. Also agrees that there is a
further opportunity to return to this committee in July 2023 if
additional funding becomes available to deliver an increased
scope.

 

2.3     
Agrees that paragraph 3.13 is an indicative schedule of omissions
from the project and that some items may be changed or substituted
to reach the target budget figure.

 

2.4     
Notes the target completion of the Levelling Up Fund spend by the
31st March 2024.

 

2.5     
Notes that receipt of next and future payments from the Levelling
up Fund is subject to their acceptance of a change request
detailing the proposed omissions. A further report may be required
to this Committee depending on the view from Government.