Agenda item

Capital Funding Update*

Report of the Chamberlain

Minutes:

The Board considered a report of the Chamberlain seeking approval to the reallocation of funding between schemes to address an anticipated budget shortfall and to the release of funding post gateway approvals to allow schemes to progress.

 

RESOLVED – That the BHE Board agree the release of a £6,000 contribution towards the costs of progressing the Guildhall cooling plant replacement project to the next gateway, to be met from the Unrestricted Income Fund with funding previously approved within the 2021/22 budget.

Supporting documents: