Resource Appraisal											
			         								
								Status:	Detailed Project		
			Wheatley Park - Replacement of condemed temporary 						Appraisal		
Capital Project:			classroom and HORSA building					Appraisal Ref:		ED563/1	

Price Base:			2002/2003 Outturn								
											
Capital Expenditure and Financing											
Cost of Project				2000/01	2001/02	2002/03	2003/04	2004/05	2005/06	Total	
				£'000	£'000	£'000	£'000	£'000	£'000	£'000	
	Land & Buildings        }										
	Construction                }					462	346			808	
	Furniture/Equipment   }										
		Fixed 									
		Loose									
	Other										
	Fees					55	42			97	
Total Estimated Payments						517	388			905	
											
The Construction Cost per square metre is               											
											
Funding of Project				2000/01	2001/02	2002/03	2003/04	2004/05	2005/06	Total	
				£'000	£'000	£'000	£'000	£'000	£'000	£'000	
	Credit Approval (Borrowing)										
	Capital Receipt(s)										
	Contribution From Third Parties					68				68	
	Grant(s)					449	388			837	
	Revenue Contribution(s)										
	Other										
Total Financing						517	388			905	
											
Revenue Implications											
Corporate Costs											
Capital Financing (Cost of borrowing)											
											
Service Committee Implications											
				200	200	200	200	200	200	Full Yr Effect	
				£'000	£'000	£'000	£'000	£'000	£'000	£'000	
	Employees										
	Running Costs										
	Income										
Net Cost/(Saving) to Service											
Committee											
											
Staffing				19	19	19	19	19	19	Full Yr Effect	
				F.T.E	F.T.E	F.T.E	F.T.E	F.T.E	F.T.E	F.T.E	
Additions/(Savings) resulting											
from the project