Decision details

1          General Fund capital funding of £8.069m for 2010/11, in respect of those schemes listed in Annexes A – E of the report, be recommended to Council.

2          In addition to the capital funding of £8.069m for 2010/11, the release of £1.28m in respect of new affordable housing resulting from the LSVT in 2008 be recommended to Council.

3          The inclusion of an additional budget of £1m for ‘Invest To Save’ schemes, based on the underlying principles set out in the Capital Strategy approved by the Executive on 15 December 2009 be recommended to Council

4          Those schemes that attract external grant funding are included within the 2010/11 capital programme at the level of funding received be recommended to Council.

5          The release of £3.1m from s106 monies to fund capital projects outlined in paragraph 5.10 be recommended to Council.

6          That capital schemes that require external funding can only proceed once the Council is certain of receiving the grant, be agreed.

7          The indicative programme for 2011/12 and 2012/13 in the light of resources available and spending priorities in December 2010 be reviewed.

The reasons for the recommendations are set out in the report.

The alternative options are considered in the report below.

None.

Open consultation.  All views welcome.