Issue - meetings

Report of the Head of Finance

Presented by the Corporate Portfolio Holder

The Interim Director of Resources presented the report to Members. He stated that the report sought approval for the Capital programmes for the next 3 years and provided Members with the projected outturn for the current financial year. He went on to advise Members that section 3 provided the General Fund programmes with their funding arrangements, a total of £2.8million, and section 5 detailed the HRA Capital Programmes of £8million which included £2.9million for decent homes. He also highlighted that the report sought approval to delegate authority to award contracts as detailed in section 7 of the report.

Councillor N J Rushton stated that he was happy to support the report and highlighted to Members some of the individual schemes that the programme included, adding that it was essential for the authority to carry out the maintenance that was listed. He also drew Members attention to the purchases for 2017/18 for which approval was also sought.

Councillor R D Bayliss highlighted to Members the schemes that would be covered by the HRA Capital programmes for the next 3 years drawing attention to the commitment to build 30 new homes and further investment to ensure that the level of decency across the housing stock was maintained. He added that it was a first class report.

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

RESOLVED THAT:

A.    The estimated General Fund, Coalville Special Expenses and H.R.A. Capital   Outturn for 2015/16 and Planned Financing be noted.

B.    Council be recommended to approve expenditure in 2016/17 as per:

·         appendix “A” General Fund  and Special Expenses Capital Schemes

·         appendix “B” for HRA Capital Schemes

and in 2017/18 these schemes only:

·         £630,000 for the vehicle replacement programme, as detailed in paragraph 3.2

C.   The proposed procurement routes be noted and the authority to award the contracts, and any associated agreements in furtherance of the projects, as detailed in section 7 (procurement routes) of this report be delegated.

Reason for decision: To enable projects to be included in the Programmes and proceed.