Issue - meetings

That:

1)         Council be recommended to approve the Capital Programme and Strategy 2016/19 subject to the 2017/18 and 2018/19 Capital Programme budgets for car park entry/exit barriers being reduced to zero pending further review;

2)         the allocation of the remaining un-ringfenced Large Scale Sites Grant from the HCA towards the delivery of 15/16 Strategic Development Locations (SDLs); to contribute to the generation in 2015/16 of a capital reserve of £2m be approved. This will be used to fund the 2016/17 programme;

3)         the schemes which are listed in Appendix C be approved. These are funded by developer contributions (s106) and Community Infrastructure Levy (CIL) to the extent of £12m and that this funding can be increased if further developer contributions become available. The total budget for these schemes is £38m in the 2016/19 Capital Programme.

The Executive considered a report setting out the proposed Capital Programme and Strategy for 2016/19.

The Executive Member for Economic Development and Finance proposed the following amendment to recommendation 1):

The following wording to be added to the end of the recommendation:

“subject to the 2017/19 and 2018/19 capital programme budgets for car park entry/exit barriers being reduced to zero pending further review.”

This amendment was agreed by the Executive.

The Executive Member for Environment commented that with regard to the schemes within his portfolio it should be noted that this was a programme and not an allocation of funds.  Equally any of these items would be subject to very robust challenge.  It was not an amount to be spent up to and the timing of these projects was a best estimate of when the Council could proceed with any of them.

RECOMMENDATION That:

1)         Council be recommended to approve the Capital Programme and Strategy 2016/19 subject to the 2017/18 and 2018/19 Capital Programme budgets for car park entry/exit barriers being reduced to zero pending further review;

2)         the allocation of the remaining un-ringfenced Large Scale Sites Grant from the HCA towards the delivery of 15/16 Strategic Development Locations (SDLs); to contribute to the generation in 2015/16 of a capital reserve of £2m be approved. This will be used to fund the 2016/17 programme;

3)         the schemes which are listed in Appendix C be approved. These are funded by developer contributions (s106) and Community Infrastructure Levy (CIL) to the extent of £12m and that this funding can be increased if further developer contributions become available. The total budget for these schemes is £38m in the 2016/19 Capital Programme.