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Youth Zone – funding request
14/09/2021 - Youth Zone – funding request
Cabinet:
- Approved in principle to spend up to £4.2m on the Bristol Youth Zone scheme as 50% of project cost, subject to the feasibility study, approval of final business case and confirmation of total contribution required from the Council.
- Approved the immediate use of £350,000 from the capital budget to cover the at-risk cost of technical feasibility work required as part of project development to understand site constraints.
- Approved the immediate use of £45,000 from the capital budget to employ the Capital Strategic Partner to oversee the feasibility stage of this scheme.
- Approved progression of this project towards Full Business Case stage.
- Noted the decision (Cabinet, 9 March 2021) that ongoing revenue funding of £400,000 per year (30% of operating costs) will be sourced through the re-commissioning of youth services, and notes that plans for this activity will also be submitted to Cabinet for decision in due course.