Issue - meetings

As detailed in the recommendations, with an additional recommendation of:

-       That Cabinet refers the project to County Council for a final decision in the event that Welsh Government is unable or unwilling to proportionally increase its contribution in line with the increased costs of the project.

Councillor Roberts introduced the report which provided an update on the Theatr Clwyd project.

It provided a potential solution to a funding gap and highlighted the risks of not proceeding together with the economic benefits of investment into the Theatr project and community and social benefit package.

RESOLVED:

(a)       That Cabinet approve the additional £1.5m required to proceed with the Theatr Clwyd project;

(b)       That in doing so, approval be given to enter into a contract for the construction phase, this being subject to confirmation of additional funding from Welsh Government; and

(c)        That Cabinet refers the project to County Council for a final decision in the event that Welsh Government is unable or unwilling to proportionally increase its contribution in line with the increased costs of the project.