Issue - decisions

Princes Parade Project Update

01/11/2022 - Princes Parade Project Update

 

DECISION:

1.          To receive and note Report C/22/56.

2.          To pause current spending on the project.

3.          To agree that officers re-evaluate available options in light of the current economic climate and propose a way forward.

 

 

Reasons for decision:

 

The Leader is asked to consider urgently the matters raised in the report because the changing and extremely challenging economic climate through 2022 has resulted in additional cost pressures and elevated risk to the council at a time of significant pressure on the council’s MTFS.