Decision details

Received a report setting out the current position with regards to the Capital Programme and proposals for allocating resources for 2006/2007 to 2009/2010, prior to submission to the Assembly on 1 March 2006.

Agreed to:

1.   Note the position of the 2005/06 capital programme as set out in paragraph 5.2 and Appendix A of the report;

2.  Note the existing approved capital programme for 2006/07 to 2009/10 as set out in paragraph 6.1 and Appendix B of the report;

3.  Recommend the Assembly to approve a programme of six new schemes for 2006/07 to 2009/10 totalling £7.5m to be met from a mixture of both internal and external funding as set out in paragraph 6.4 and Appendix C of the report;

4.  Recommend the Assembly to approve the inclusion/addition of 26 schemes for 2006/07 to 2009/10 totalling £30.7m to be met from a mixture of both internal and external funding set out in paragraph 6.5 and Appendix D of the report. These schemes will be subject to a review by CPMO and the Resource Monitoring Panel through a detailed business case to support the need for investment, and then brought to the Executive for approval prior to being included in the programme;

5.  Recommend the Assembly to approve the overall Council’s capital programme for 2006/07 to 2009/10 as a result of recommendations 2 and 3 and as set out in Appendix E of the report;

6.  Note the forecasted capital receipt position for 2005/06 to 2008/09 as set out in section 7 of the report;

7.  Note the current capital arrangements and prudential capital guidelines as set out in section 3 of the report;

8.  Recommend the Assembly to approve the Prudential Indicators for the Authority as set out in Appendix F of the report; and

9.  Recommend the Assembly to approve the Capital Strategy as set out in Appendix G of the report.