Decision – Capital Investment Plan Updates

    
i)       
That the
Mayfield College relocation project be added to the Capital Plan
and to progress through feasibility and design up to Full Business
Case (FBC) with an initial allocation of £70,000 from the
ringfenced SEND capital funds;

   
ii)       
That the
Brixham Harbour Public Realm Project commences with delivery via
SWISCo as the prime contractor, and full Levelling Up Partnership
(LUP) funding of £750,000 be allocated;

  
iii)       
That the
Brixham Central carpark progress through the next stage of design
up to planning consent and Outline Business Case (OBC) utilising
the full allocation of LUP funding of £250,000.

Subject to approval from the Ministry of Housing and
Local Government (MHCLG), an additional allocation of
£200,000 would also be transferred from the Levelling Up
Funds Round 3 (LUF3) to support this tranche of design;
and

  
iv)       
That the
Brixham Port Infrastructure Project progress through to the next
stage of design up to Planning consent and Outline Business Case
(OBC) utilising an additional allocation of £370,483 from the
LUF 3 funds.

All projects were reviewed at
the Capital and Growth Board meeting held on Wednesday 5 March
2025, and deemed to be strategically advantageous and
satisfactorily compliant in terms of their feasibility and levels
of risk to enable them to progress.

Approval of this decision
enables the projects to progress within a controlled process,
minimising the risk of not fully utilising the grant funding
available.

This decision will be
implemented immediately.

Updates to the Capital
Investment Plan following satisfactory review of business cases at
the Capital and Growth Board meeting held on 5 March 2025, for the
following projects:

·        
Mayfield
College relocation (Project Initiation Document);

·        
Brixham
Harbour Public Realm (Full Business Case);

·        
Brixham
Central carpark (Strategic Outline Case); and

·        
Brixham Port
Infrastructure Project (Strategic Outline Case)