Receipt of grant funding for installation of combined heat and power units at the Arc
Decision:
RESOLVED that 1) the grant offer towards the installation of CHP units for The Arc be accepted,
2) that the Procurement process be undertaken,
3) the use of the money already identified and set-a-side in the Transformation Reserve, to cover the additional costs over and above the
grant received, with any remaining balance going into the unallocated reserve balance be approved.
Minutes:
Executive considered a detailed report, presented by the Portfolio Holder for
Partnerships, Health and Wellbeing, which sought Members approval for the Council to accept Government funding in order to pursue the procurement of Combined Heat and Power Units for installation at The Arc.
Members congratulated the Assistant Director of Leisure, Health & Wellbeing for the success of the funding bid application.
RESOLVED that: 1) the grant offer towards the installation of CHP units for The Arc be accepted,
2) that the Procurement process be undertaken,
3) the use of the monies already identified and set-a-side in the Transformation Reserve to cover the additional costs over and above the grant received, with any remaining balance going into the unallocated reserve balance be approved.
Reasons for Recommendation
To accept the grant offer towards the installation of CHP units for The Arc.
To approve the start of the procurement process and additional costs of monies already identified from the Transformation Reserve.
Alternative Options and Reasons for Rejection
To continue with current operating systems of conventional gas fired boilers and not recoup the benefit of long-term savings