Purpose

This report will set out options for
delivering a new leisure centre in the west of the city. Cabinet
will be asked to consider the site and delivery options.

Content

That Cabinet:
 

1)            
Agrees that part of the existing seafront King
Alfred site is the preferred site on which to take forward the
development of the new sports and leisure facility to replace the
existing King Alfred Leisure Centre.

 

2)            
Approves the indicative capital budget for the
project of up to £47.4 million to be included in the
Medium Term Capital Investment programme
to be funded from a combination of capital receipts, government
grants and council borrowing.

 

3)            
Approves an initial allocation of £2.7m of
these resources to progress the project to planning application
stage funded from council borrowing.

 

4)            
Agrees to the commencement of design work for the
development of the Leisure Centre on the preferred site, to include
procuring the lead architect and professional team to deliver the
new facility and delegates authority to the Corporate Director to
approve the procurement of the associated professional team and to
progress the project to planning application stage.

 

5)            
Notes the inclusion of £1.07 million estimated
ongoing revenue commitment within the Medium
Term Financial Strategy to recognise the potential net
financing costs of the project from 2025/26 onwards.

 

6)            
Notes that as the project progresses to key decision
points further reports will be presented to cabinet in line with
the timetable set out at 4.16.