Decision details

The Cabinet will be asked to consider an investment to deliver health and fitness facilities at Skyliner Sports Centre in Moreton Hall, Bury St Edmunds to deliver a reduction in Abbeycroft Leisure’s management fee payable to the Borough Council.

RECOMMENDED TO COUNCIL

(20 December 2016) (this particular decision (1) is not subject to call-in):

That

(1)     the creation of a strategic investment fund of £5m be approved, funded from the strategic priorities and medium term financial strategy reserve, across West Suffolk (£3.5m FHDC and £1.5m SEBC) with delegated authority given to Cabinet (for sums of £500,000 or more), and delegation to the Portfolio Holder for Leisure and Culture, in conjunction with a  Director and the Head of Resources and Performance (for sums of less than £500,000), to draw down from this fund subject to satisfactory business case for each investment proposal for investment in the Council’s leisure facilities;

RESOLVED:

That

(2)     the development of a long-term leisure partnership agreement (supported by a business plan) be approved, for consideration at a future Cabinet meeting that must address: 

·         the principles of the Council’s Medium Term Financial Strategy and value for money considerations;

·         the outcomes of the Promoting Physical Activity Framework;

·         the planned utilisation of the investment (established in recommendation (1)) to achieve the reduction in the management fee payable by the Council to zero;

·         the optimum duration of the agreement; and

·         the principles set out in Section 2.1 of Report No CAB/SE/16/055.

Due to the urgency of initial funding requests, the following decisions have also been taken:

RECOMMENDED TO COUNCIL

(20 December 2016) (this particular decision (3)(a) is not subject to call-in):

That

(3)    

(a)     an additional £177,582 (ex VAT) funding be approved, from unallocated capital receipts for the 3G pitch at Skyliner Sports Centre to meet the additional cost incurred to deliver a 3G pitch facility to meet FA and community requirements; and

RESOLVED:

That

(b)     an investment of £240,000 (ex VAT) into equipment for the Skyliner Sports Centre be approved, from the Council’s approved capital invest to save fund.