Issue - decisions

That Cabinet:

1.      Approved the allocation of the underspends from St Peters Rise of £457k, underspend from Park St. of £160k, any remaining underspend from Cumberland Road (to be confirmed at completion) estimated at £400k and utilisation of Highways block funding cumulatively assessed to be in the region of just over £1m to fund Phase 1 and 2 for Avon Fixed bridge and the Active Management Plan for the whole network.

2.      Authorised the Executive Director Growth and Regeneration in consultation with the Cabinet Member Transport to take all steps required to spend the approved funding (including procuring and awarding contracts over the key decision threshold) as outlined in this report.

3.      Noted that execution and completion of phases 1 and 2 will facilitate for a strong new Business Case for any future Capital funding opportunities (i.e., CRSTS 2 funding or reallocation from any unspent CRSTS 1 funds) to then successfully deliver the estimated £2m - £3m for Phase 3 structural repairs to Avon fixed bridge itself and also any other urgent strategic Phase 3 repairs/component replacement on the remaining structures within the overall Cumberland complex, as a whole.