Decisions

Decisions published

21/03/2017 - Gloucestershire College (GlosCol) Cinderford Campus – release of external funding to support the construction process ref: 942    Recommendations Approved

To advise members of the position held by the Authority in its capacity as the Accountable Body for the Government funding awarded to support the construction of the new GlosCol college campus in Cinderford, and

To seek authority to manage the flow of external funding held on behalf of GlosCol, on the terms stipulated by Government for its release

Any representations should be sent to: -

 

Nigel Riglar – Commissioning Director: Communities and Infrastructure

 

Tel: 01452 328470; Email: nigel.riglar@gloucestershire.gov.uk

 

By 5pm on Monday 20 March 2017

 

Decision Maker: Cabinet Member - Fire, Planning and Infrastructure

Decision published: 21/03/2017

Effective from: 29/03/2017

Decision:

Having fully considered all the available information, the Cabinet Member decided to reject the alternative options and take the recommended decision to:

 

Delegate authority to the Commissioning Director: Communities and Infrastructure, in consultation with the Lead Cabinet Member and Strategic Finance Director, to enter into a funding agreement with GlosCol under which the County Council shall pay funding (that is £2.6m) to GlosCol from sums that have been loaned by the HCA to the County Council and which may result in the County Council becoming obliged to repay such loan to the HCA from the Council’s own resources

 

for the reasons set out in the published decision report.

 

Lead officer: Cllr Nigel Moor