Decision details

Relocation of Skills and Learning from the Oakdale Centre to the Dolphin Centre; increase in project costs

Decision Maker: Chief Operations Officer

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


To increase the annual repayment for borrowing by £38k, funded via the Skills and Learning service’s revenue budget, to secure additional PWLB borrowing of £356k based on a current 10-year PWLB rate of 1.67% (after 0.2% certainty rate reduction), to fund the capital works required to convert 6 retail units into an adult education centre.

The decision has been taken by the Corporate Director under delegated authority.

Reasons for the decision:

The Council will:

        Secure 6 Dolphin Centre units as a suitable alternative site for Skills and Learning

        benefit from the 10-year rent free lease option with £400k contribution to the costs of the conversion works from Legal and General

        progress the ambitions and maintain the interdependencies with other town centre regeneration initiatives to increase footfall into the Poole Town Centre.

        support economic recovery and good mental health by providing a modern skills centre delivering a diverse range of employability, vocational, personal development, and well-being courses

        free up Oakdale sites 1 and 2 for housing subject to detailed design.

        mitigate the costs of essential maintenance and repairs to the Oakdale Centre estimated at £1m+ over 15 years

        Enable the Construction works team to commence works to ensure completion for the new year amid a very tight programme of works across the corporate estate.

Publication date: 14/07/2021

Date of decision: 12/07/2021

Accompanying Documents: