Purpose

This report provides a mid-year review of the prioritised projects contained within the Capital Strategy in 2023/24.

Decision

RESOLVED:

1. 1 To approve the updated priority and aspirational capital scheme schedules for inclusion in the draft Capital Strategy, ahead of wider Member engagement.
   3.2. To approve progression of the schemes detailed in the priority capital scheme schedule to business case to develop and assure the associated costs and funding proposed.
   3.3. To recommend to Council the approval of additional funding of £2.228m in relation to the Multi Agency Hub and the Pride Hill capital schemes which form part of the Shrewsbury Town Centre Redevelopment Programme.
2. 4. To recommend to Council the approval of additional match funding of £0.647m in relation to the Council’s LUF Round 2 grant award which requires total match funding of £5.043m, £4.396m of which has been previously secured / approved.
3. 5. To note the considerations raised in respect of the future direction of the North West Relief Road (NWRR) and the Oxon Link Road (OLR) detailed at section 9.