Issue - decisions

New Secondary School in the South

28/05/2015 - New Secondary School in the South of Wokingham



1)         additional funding of £6.9m be approved;


2)         the provision of a contingency of £3.36m be approved;


3)         the progress made by the project be noted;


4)        the risks to the opening of the school and the contingency plans put in place be noted;


5)        authority be delegated to the Director Finance and Resources to forward fund the project through short term borrowing of £7.5m in 15/16;


6)        how the shortfall and contingency will be funded, as set out in paragraph 2.7 of the report, be noted.