Decision Maker: Executive
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: Yes
1. That the Capital Programme as detailed in Appendix 2 of the report be approved.
2. That approval be given to the Schemes to be undertaken from the “block” budget allocations reported in paragraph 21 and detailed Appendix 4 to the report.
3. That it be recommended that Council approve:
a) The Capital Strategy included in Appendix 1 to the report;
b) the overall Capital Programme in the sum of £212.28m for the period 2019/22, comprising £112.28m in respect of the General Programme and £100m for the Asset Investment Fund;
c) additional prudential borrowing of £6.91m to support revenue generating investment opportunities as detailed in Paragraph 13 and a further £100m which will be added to the Asset Investment Fund as detailed in Paragraph 33 of the report;
d) the Prudential and Local Indicators as set out at Appendix 3 of the report.
Report author: Corporate Director Finance and Systems
Publication date: 25/02/2019
Date of decision: 20/02/2019
Decided at meeting: 20/02/2019 - Executive
Effective from: 05/03/2019