Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
The Service Director Finance and Digital Services provided an update regarding financing of the proposals to build a new Welsh Medium Primary School in Rhydyfelin. The investment in a new Welsh medium primary school in Rhydyfelin can be financed by Welsh Government’s Sustainable Communities for Learning Band B grant and by borrowing for the Council’s contribution by the use of powers available under the Prudential Code
The Deputy Leader spoke positively of the plans of the new state of the art welsh medium school now becoming a reality following a number of delays in the process due to the pandemic.
Following discussion it was RESOLVED:
1. To note the position, as set out in the report on the submission of a full business case to Welsh Government in respect of a new Welsh medium primary school in Rhydyfelin;
2. To review and agree the updated total costs and funding package for the school; and
3. To review, and if acceptable propose that the Prudential Borrowing report attached at Appendix A to the report is presented to Council on 9th March 2022.
Publication date: 28/02/2022
Date of decision: 28/02/2022
Decided at meeting: 28/02/2022 - Cabinet
Effective from: 05/03/2022
Accompanying Documents: