Agenda item

Barbican and GSMD Capital Cap replacement - Detailed Arrangements

Report of the Chamberlain.

Minutes:

The Board received a report of the Chamberlain informing Members of the new Cyclical Works Programme (CWP) arrangements being put in place, which would replace the previous capital cap arrangements.

 

RESOLVED: That the detailed procedures for the operation of the CWP and the new funding mechanisms for the Barbican Centre following the cessation of the Capital Cap be noted.