Agenda item

Capital Project Funding Update

Report of the Chamberlain.


The Committee considered a report of the Chamberlain proposing funding for a scheme to undertake repairs and waterproofing works to the pipe subways of Holborn Viaduct and Snow Hill over Thameslink. The report also alluded to a project relating to a new Community Centre, which was the subject of a separate report on the agenda.


It was noted that this project had previously been approved for progression outside of the Fundamental Review and that the Resource Allocation Sub-Committee had supported the recommendations at its meeting earlier that day.



1.         The allocation of up to £2.428m be approved from the On-Street Parking Reserve to allow the progression of a scheme to undertake repairs to the pipe subways of Holborn Viaduct and Snow Hill over Thameslink, subject to the approval of the requisite gateway reports.

2.         A request to allow a proposal to facilitate a new community facility to progress outside of the fundamental review and annual capital bid process be noted.

3.         It be noted that under the new annual capital bid process the 2020/21 capital funding bids will be presented in December for consideration against corporate priorities.


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