Decision details

To recommend the draft Capital Programme 2018/19-2020/21 to Council for approval following consideration of the responses received during the period of public consultation.

The Executive Recommends to Council:

a)    General Fund capital funding of £58.221m for 2018/19 in respect of those schemes listed in Annexes A – E, including £30m previously approved by Council on 29 November 2017 for commercial property investments to be made available in the current financial year.

b)    The inclusion of an additional budget of £1m for Invest to Save schemes.

c)    The inclusion of £3.480m of expenditure to be funded from S106 as outlined in paragraph 5.23.

d)    That those schemes that attract external grant funding are included within the Capital Programme at the level of funding received.

1.            Agrees that capital schemes that require external funding can only proceed once the Council is certain of receiving the grant.

2.            Agrees that the decision to award the construction contract for the care home at Heathlands be delegated to the Director of Adult Social Care, Health and Housing in consultation with the Executive Member for Adults Services, Health and Housing is in order to be able to move quickly to commence the contract in view of the need to deliver the savings in care costs as quickly as possible as set out in paragraphs 5.17 to 5.20.

The reasons for the recommendations are set out in the Borough Treasurer/Chief Executives report.

The alternative options are considered in the Borough Treasurer/Chief Executive’s report.

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