Decisions

That the reduced charges for two Early Years’ providers for use of Wokingham Borough Council owned premises, as set out in Part 2 of the report, be approved.

That:

1)           the broad principles of the Property Portfolio Investment Strategy as set out in Part 2 of the report be endorsed;

2)           delegated authority be given to the Director of Corporate Services, in consultation with the Leader, Executive Member for Finance and the Executive Member for Business, Economic Development and Regeneration, for purchases totalling up to £100m;

3)           Council be recommended to agree that up to £100m borrowing powers are delegated to the  Director of Corporate Services, in consultation with the Leader, Executive Member for Finance and the Executive Member for Business, Economic Development and Regeneration;

4)           it be noted that the cost of borrowing will be funded by the investment income from the commercial assets;

5)           it be noted that developments on Council owned land will be brought back individually to Executive on a case by case basis.

That an extension of the current Woodley car parking trial beyond September 2017, including the increase of the 1 hour parking charge increase in the Woodley car parks (Crockhamwell Road, Headley Road, Lytham Road East, and Lytham Road West from 70p to 80p which have been operating as part of the trial), be approved to the end of January 2018.

That the Wokingham Borough Council Childcare Sufficiency Strategy 2017 be approved.

That the progress in implementing the 21^st Century Council programme be noted.

That:

1)        the budget monitoring position for the month ending 31 July 2017 be noted;

2)         the operational update for the period to 31 July 2017 be noted.

That the letting of the contract as set out in Part 2 of the report be confirmed to enable the Regeneration project to continue and enable the outcomes as identified in the report.

That the following be approved:

1)        the Council transfers the completed 22 apartments at Peach Place, Wokingham to a Council-owned housing company on terms to be agreed by the Director of Corporate Services in consultation with the Leader of the Council;

 2)       the proposed funding model, including the allocation of Section 106 receipts for the provision of affordable housing;

3)         the proposed tenure mix;

4)       the delegation of any further related and subsidiary decisions if required to complete the transaction to the Chief Executive in conjunction with the Leader.

That the introduction of weekly separate collection of food waste be approved as detailed in the report subject to:

1)      it being operationally possible and financially viable with the final financial outcomes to be reported to a future meeting of the Executive;

2)      options being investigated including benchmarking to cover cost savings or otherwise where food waste has been introduced in other authorities;

3)      vehicle usage be further investigated and reported back to the Executive.