Decision details

As the Council’s highest cost capital project, and in line with the recent Covid-19 financial report presented to the Executive in September 2020, this report outlines the rationale and seeks approval to pause the new Arts and Entertainment Venue project for a period of 6 months. 

As a result of the Covid-19 impact, and in light of a changing economy, the Council’s new, Arts and Entertainment project, including its capital costs and current business plan have been reviewed to help determine the future financial implications for the Council.

In September 2019, the concept design and budget costs of £12.35m for remodelling Ferneham Hall were agreed by the Executive.

At the same meeting, following a detailed tendering process, the Executive awarded a contract for the operation of the new venue to BH Live, a charitable social enterprise, from completion of the remodelling project in 2022.

As a result of the covid-19 crisis, and in light of a changing economy, although the council is able to meet the cost of remodelling the venue, there are now financial implications for the Council to consider concerning the contractual arrangements agreed with BH Live to manage and operate the new venue.

As the arts and entertainment sector struggles to recover from the closure of many venues during the lockdown period, and with a potential second wave of the pandemic and economic recession predicted, this report seeks to present the potential risks and financial implications for the Council.

RESOLVED that the Executive approves:

(a)  the pausing of the Arts and Entertainment venue project for an initial period of 6 months, then review the implications for the Council; and

(b)  that officers commence discussions with BH Live to reach a suitable operating arrangement.