Issue details

The Executive on 2nd February 2011 as part of the Capital Programme Review approved a capital scheme for Bromley North Village public realm improvements consisting of a £1.5m Council contribution based on a Transport for London funding of £3.3m. The Executive authority is sought to release the Council match funding contribution, subject to the TfL approval being secured on 14th January 2013. The Council will need to agree the scheme funding to enable the purchase of materials in order for these to be charged to the 2012/13 Outer London funding allocation, which may be lost if it is not defrayed before the end of March 2013.