Issue - meetings
Market Square Water Feature
Meeting: 05/08/2009 - Cabinet (Item 9)
9 Market Square Water Feature 
PDF 160 KB
B Report of the Director of Finance and Support
Additional documents:
- 09 Market Square Water Feature Appraisal App1, item 9
PDF 209 KB
- 09 Market Square Water Feature Appraisal App2, item 9
PDF 192 KB
Decision:
1. The scheme to be included in the capital programme for 2009-10 as outlined in paragraph 2.1 of the report and with further details in Annex A of the report is approved.
2. Approval is given that the expenditure outlined in paragraph 2.2 of the report is to be included in the proposed revenue budget from 2010-11 as an unavoidable growth item that will be required as a result of the above capital appraisal.
3. The £5,000 contingency item element of the revenue budget be set aside in an earmarked reserve is approved.
4. Approval is given to the variation to a scheme in the capital programme for 2009-10 as set out in paragraph 4.4 of the report and detailed in Annex B of the report that will be required as a result of the above capital appraisal.
Minutes:
As Portfolio Holder for Finance, Councillor Perkins presented the report to Cabinet requesting approval for a capital scheme for a water feature at the gateway to the Market Square to be included in the Council’s capital programme for 2009-10 funded from a variation to the main Market Square project. He further requested approval of additional ongoing revenue budget for running the water feature as a result of the capital appraisal brought with the report.
Councillor Church confirmed that the planning application for the project had been submitted along with plans for additional seating around the trees and the re-laying of some pavement. There followed some discussion about the carbon footprint and it was accepted that solar powering of the feature was not viable.
RESOLVED
1. That Cabinet approve the following scheme to be included in the capital programme for 2009-10.
|
Scheme Reference, Description & Directorate
|
Narrative |
2009-10 £ |
Future Years £ |
Funding Source |
|
2009-10 GF062 Market Square Fountain
Planning & Regeneration |
The purchase and installation of a 7 jet dry plaza fountain in the gateway area of the Market Square. |
98,027 |
- |
NEL |
Further details of this appraisal can be seen at Annex A to this report
2. That Cabinet approve the following to be included in the proposed revenue budget from 2010-11 as an unavoidable growth item that will be required as a result of the above capital appraisal.
|
Description |
Narrative |
2010-11 £ |
Future Years |
|
Maintenance |
The manufacturer will undertake monthly and quarterly maintenance checks. |
6,000 |
The revenue budget will be required on an ongoing basis, with an increase to all elements for inflation each year. Installation is not planned until March 2010 therefore there will be no revenue implications in 2009-10.
|
|
Consumables |
Products required to ensure that the water used meets health and safety requirements. |
1,500 |
|
|
Contingency |
To cover the cost of any unforeseen operational issues. |
5,000
|
|
|
Electricity |
Based on 4380 hours (at £1.10 per hour) per annum. |
4,818 |
|
|
Total |
|
17,318 |
|
3. That Cabinet approve that the £5,000 contingency item element of the revenue budget be set aside in an earmarked reserve.
4. That Cabinet approve the following variation to a scheme in the capital programme for 2009-10 that will be required as a result of the above capital appraisal.
|
Scheme Reference, Description & Directorate |
Narrative |
2009-10 £ |
Future Years £ |
Funding Source |
|
2008-09 GF068 V02 Market Square as a Flexible Space
Planning & Regeneration |
NEL funding has been approved for the wider market square project. This funding will cover the capital expenditure for the water feature. However, the water feature is being submitted as a separate project due to the additional revenue budget implications. |
(98,027)
|
- |
NEL |
Further details of this variation can be found at Annex B of this report.
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