Item 15 - Appendix 2
West Dunbartonshire Council · 5 February 2025
Back to Infrastructure, Regeneration & Economic Development Committee — 5 February 2025 and its agenda
Text extracted from the council's PDF. Layout and reading order may differ from the original.
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Projects that are Off Track at Period 7 Service Project Approved Project Life Cost Revised Project Life Cost Project Life Variance Initial Completion Date Revised Completion Date £'000 £'000 £'000 RN 17 Posties Park Sports Hub - New sports hub to include gym & running track 6,252 6,385 - 133 31/03/2022 29/11/2025 RN 28 Balloch Mountain Bike Track 600 450 150 30/11/2023 30/09/2025 Project Name: Posties Park RN 17 Project Manager: Gail McFarlane Initial Completion End Date: 31/03/2022 Revised End Date: 29/11/2025 How was this project initially funded: Council Capital Funding/Prudential Borrowing. Please Detail any additional funding: n/a Why is the project classified as off track and what has caused the issues identified? Additional budget required for utility costs incurred as part of the capital build project. What action will be taken to rectify the position? n/a New Completion Date: 29/11/2025 What are the implications on the actions proposed? Revenue Implications Virement Implications n/a Project Name: Balloch Mountain Bike Track RN 28 Project Manager: Ian Bain Initial Completion End Date: 30/11/2023 Revised End Date: 30/09/2025 How was this project initially funded: Council Capital Funding, Prudential Borrowing and Sport Scotland Please Detail any additional funding:- n/a Why is the project classified as off track and what has caused the issues identified? Completion amended due to revised project scope. What action will be taken to rectify the position? n/a New Completion Date: 30/09/2025 What are the implications on the actions proposed? Revenue Implications n/a Virement Implications n/a Source of Funding:- Prudential Borrowing Prudential Borrowing of £133k has a revenue implication of £98,533 over 25 years due to the incurred interest on the debt. This equates to £3,864 per annum. Source of Funding:- Prudential Borrowing & Sports Scotland ITEM 15 - APPENDIX 2