Issue - meetings

Supplementary Capital Estimate - Alderley Edge By-pass Scheme

Meeting: 13/10/2011 - Council (Item 60)

60 Supplementary Capital Estimate - Alderley Edge By-pass Scheme pdf icon PDF 66 KB

To approve a Supplementary Capital Estimate request of £3,062,498, for Alderley Edge By Pass, as detailed in the Appendix to the report.     

 

Additional documents:

Minutes:

Council considered a request for approval of a supplementary capital estimate for the Alderley Edge Bypass Scheme.

 

The Capital Programme included a major scheme for the A34 Alderley Edge and Nether Alderley Bypass. The estimated costs of the scheme now exceeded approvals by over £3m, largely as a result of forecast increased land and compensation claims. Council approval was therefore sought to meet these additional costs. It was proposed that potential income arising from the sale of land and property holdings acquired for the scheme could be used to finance the costs. Further details were set out in the Appendix to the report.

 

RESOLVED

 

That a supplementary capital estimate of £3,062,498 be approved for Alderley Edge By Pass as detailed in the Appendix to the report.

 

[Note: having earlier declared personal and prejudicial interests in relation to this matter, Councillors W Fitzgerald and F Keegan were not present during its consideration.]