It was resolved –
• To note the capital funding offer of £491,330 for 2019/20.
• To endorse the land to the rear of Peboc and the former Ysgol y Parc projects as the priority schemes.
• That if it is necessary to utilise some or all of the grant as part of the funding for the demolition of the former Ysgol y Parc and Holyhead Library, then an equivalent sum of capital receipt may be used in 2020/21 to complete the redevelopment of the land at the rear of Peboc (should that scheme have commenced in 2019/20).
• To delegate to the Deputy Chief Executive and the relevant Portfolio Holder the authority to progress the two projects through to implementation stage and to agree to deliver other eligible capital schemes if not all the funding is utilised on the two priority projects.