Issue - meetings

Report of the Strategic Director of Housing and Customer Services

Presented by the Corporate Portfolio Holder

Councillor N Rushton presented the report, setting out the proposed Capital Strategy for 2021/22 and the proposed General Fund and Housing Revenue Account Capital Programmes for 2021/22 to 2025/26.

The General Fund totalled nearly £20 million for 2021/22 including £10 million on the new leisure facility and nearly £1.4 million on Coalville Regeneration projects originally planned as part of the Council’s Future High Street Fund bid. The Housing Revenue Account Capital Programme totalled £15.5 million, including £4.5 million on the Council’s Home Improvement Programme, £5 million on the Council New Housing Supply Programme, and a new £250,000 for a Zero Carbon programme. There were no items included on the Special Expenses Capital Programme.

Members spoke in support of the proposals, highlighting the carrying forward of any spending delayed by the ongoing impact of the COVID-19 Pandemic.

It was moved by Councillor N Rushton, seconded by Councillor R Bayliss and

RESOLVED THAT

1)    Council be recommended to approve the 2021/22 capital strategy included in Appendix A, in line with the prudential code;

2)     The forecast General Fund and HRA Capital Outturn for 2020/21 and planned financing be noted in Appendices B and C;

3)    Council be recommended to approve the capital programmes in 2021/22 detailed in:

·      Appendix B – The General Fund Capital Programme

·      Appendix C – HRA Capital Schemes

4)    Cabinet notes the proposed procurement routes in respect of vehicles, equipment and plant and delegates the authority to award these contracts and any associated agreements to the relevant Strategic Director in consultation with the relevant Portfolio Holder, subject to final approval of the capital programmes in February 2021.

Reason for decision: To enable projects to be included in the Programmes for approval at Cabinet.