Agenda item

Town Investment Plan Update - Rachael Allington

Highlight Report & Risks

Minutes:

Rachael presented the highlight report that was circulated with the Board papers.

Copies of Plan on a page and the Forward Plan were circulated for information.

 

Highlight Report

We still have 6 out of 7 projects approved by DLUHC. The Business Case for Project M - Housing Retrofit which is directly linked to this project has been slightly updated to include any information from that VFM process undertaken for the Housing project. There are no material differences to the project that was presented to board on 31st May 2022.  This has now been approved by BMBC’s Capital Oversight Board and since submitted to DLUHC for Approval. We are now working with Local CLG colleagues and Analysts within DLUHC to urgently get this approved.

 

As presented at the last Board we are reviewing the Board Governance to ensure adherence to the latest DLUHC guidance and for suitability as we are now into Delivery phase. The next phase of this will be to circulate an Expression of Interest for Project sponsorship to ensure we have sufficient Board representation at project level. This will be circulated in March 23 and will include a request for key sectors and skills that Board members feel they can represent, which will also feed into considerations for widening membership to ensure the Board represents the diversity of the local area as per DLUHC’s guidance.

 

Key decisions / items for escalation to board

Overall Programme: An expression of interest exercise to ensure sufficient Project Sponsors for each project will be circulated March 23 and will include a request to show sectors and skills that Board members can represent and some equalities recording.

Project – none 

 

Project Updates

 

Project D Goldthorpe Housing

Draft Cabinet Report that will facilitate the delivery of the project is currently being prepared and will be presented to Cabinet in May 2023.  The Full Business Case for SYMCA’s Brownfield fund to address the funding gap is due to be submitted to the Capital Oversight Board 8th March 2023 for approval prior to being sent to SYMCA.

 

Project F Phoenix Park

Update provided in Item 5.

 

Project G Cultural Hub

Roofing works have commenced, to begin focusing on scope of works for phase 2 and the governance for the running of the Dearne Playhouse.

Heart of the Wood youth engagement project that will culminate in a production in December 2023 already has 3 primary schools on board as are the Thurnscoe Male Voice Choir and the lead actor/actress.

Question from Councillor Coates:  Dearne Playhouse, will the roosts for the bats be included in the new roofing works as per planning conditions?

Action: Rachael to liaise with BPS to ensure all planning conditions are adhered to.

 

Project H Heart of Goldthorpe

Value Engineering exercise and a repricing exercise ongoing as tenders returned are over budget.

 

Project K New access roundabout

Works ongoing, due to be completed in December 2023.

 

Project L Goldthorpe Towns Commercial Investment Fund

The launch event for the Commercial Investment Fund (CIF) was undertaken on the 9th February 2023.   The event attracted a mix of businesses and developer interest. It was very well supportedSocial Value session to be held on the 2nd March at Goldthorpe Parish Hall.  The closing date for the submission of applications for the CIF grant is 31st March 2023

 

Project M Housing Retrofit

The team are working closely with DLUHC analysts to respond to queries on the full business case.