Noting Blackwall Reach scheme delivery and funding update; approval for revision to capital budget for project.

DECISION

1.    To note the update on scheme delivery and the Council’s CPO in paragraphs 3.2.1 to 3.2.12 of the report.

2.    To note the update on actual and projected expenditure, scheme funding and potential overage in paragraphs 3.3.1 – 3.3.14 of the report.

3.    To approve an increase in the capital budget for the scheme to £20.3 million, as set out in paragraphs 3.3.2 to 3.3.8 of the report.

Action by:

CORPORATE DIRECTOR, DEVELOPMENT AND RENEWAL (A. DALVI)

(Housing Regeneration Manager (N. McGowan)

(Service Head, Strategy, Regeneration and Sustainability (J. Odunoye)