Issue - meetings

QUEENSWAY LLP - UPDATE ON FINANCIAL RISKS

Meeting: 10/09/2020 - Audit Committee (Item 9.)

QUEENSWAY NORTH PROJECT - FINANCIAL RISKS

To consider and update report on financial risks associated with the Queensway North project.

Additional documents:

Restricted enclosure 2 , View reasons restricted (9./2)
Restricted enclosure 3 , View reasons restricted (9./3)
Restricted enclosure 4 , View reasons restricted (9./4)
Restricted enclosure 5 , View reasons restricted (9./5)

Decision:

The Assistant Director (Regeneration) presented a report and gave a visual presentation on the Queensway North Scheme, in particular the financial risks associated with the project.

The Assistant Director (Regeneration) and Strategic Director (CF) answered a number of Members’ questions regarding the report.

The Chair requested that a further update report on the Queensway North project be submitted to the Committee in 12 months’ time.

It was RESOLVED:

1. That the latest position of the project and the progress made to deliver the scheme be noted.

2. That the governance arrangements implemented to ensure the efficient delivery of the project be noted.

3. That the progress on mitigating key risks to the Council be noted.