Decision details

Councillor Mullin introduced the report and explained in relation to stage 4, Arts Council for Wales (ACW), through Welsh Government (WG), had allocated funding of £3M in order to take the project to the end of stage 4 with a contribution of £110K required from the Count Councils own capital resources.

            Neal Cockerton provided full details of the background to the funding requirements and the funding position, explaining that the estimates were robust and had been verified.  There was no binding decision on capital funding for the Theatre being made at this point.  A later decision would be required to be made once a sufficient funding package had been agreed at a national level.

            The Chief Executive explained that there was no obligation on the Council at this point in the process.  A decision would be required when details of the funding were known.

            Councillor Roberts said when a decision was required it would be for the County Council to make, not Cabinet.

RESOLVED:

(a)       That Cabinet support the move to stage 4 (Technical Design) of the Theatre refurbishment project; and

(b)       That the project is not progressed beyond stage 4 until the funding package is confirmed by all stakeholders.