Decision details

B Recommendation of Capital Programme and Capital Strategy 2010 – 2013 to Council for approval

1.      Cabinet is to recommend to Council that they approve

a.      The draft capital strategy for 2010-11 to 2012-13, as set out in Annex A.

b.      The capital programme for 2010-11, including future year commitments, as set out in Annex B.

c.      The capital financing principles to be a applied in 2010-11, as set out  in the Capital Strategy (Annex A) pages 29-31

d.      The proposed financing of the capital programme for 2010-11 and future years, as set out at paragraphs 3.2.12 and Annex C.

e.      That Cabinet be authorised, once the programme has been set, to approve new capital schemes and variations to existing schemes during 2010-11, subject to the funding being available and the schemes being in accordance with the objectives and priorities of the Council.

2.      Cabinet has noted:

·              The contribution of each new scheme in the 2010-11 capital programme to the Council’s corporate priorities for 2010-2013, as set out in Annex D.

·              The risks outlined at paragraph 4.2.