Approval of the allocation of S106 funding and the approval for the adoption of a capital budget in respect of the following project:

•           Design and Fit out of Training Centre - at the former London Fruit and Wool Exchange

Approval to fund this project is sought as it will help to deliver positive improvements to people’s lives by enhancing residents’ skills, tackling worklessness and connecting businesses with their community, which underpins the Community Plan theme of:  A Fair and Prosperous Community.

DECISION

1.    To approve the allocation of £500,000 of S106 funding for the design and fit-Out of a training centre at the former LFWE as profiled in the PID attached at Appendix A to the report, and in Table 1 of the report.

2.    To approve the adoption of a capital estimate of £500,000 as profiled in the PID attached at Appendix A to the report, and in Table 2 of the report.

Action by:

ACTING CORPORATE DIRECTOR, PLACE (A. SUTCLIFFE)

(Divisional Director, Planning and Building Control (O. Whalley)

(Economic Benefits Manager, Growth and Economic Development (J. Ogunade)