Received a report setting out the current position with regards to the Capital Programme and proposals for allocating resources for 2005 / 2006 to 2008 / 2009, prior to submission to the Assembly on 2 March 2005 for its consideration.
Agreed to:
1. Note the position of the 2004 / 2005 capital programme as set out in paragraph 5.2 and Appendix A of the report;
2. Propose a capital budget for 2005 / 2006 to 2008 / 2009, to be met from the Council’s usable capital receipts as set out in Appendix B of the report;
3. Approve a programme of schemes for 2005 / 2006 to 2008 / 2009 to be met from external resources, as included in Appendix B of the report;
4. Note the forecasted capital receipt position for 2005 / 2006 to 2008 / 2009 as set out in paragraph 6 of the report;
5. Review those schemes outlined in paragraph 7.4 and Appendix C of the report, along with all new submissions and any further identified capital projects, and report back to the Executive with recommendations on which schemes should be included in a future programme;
6. Note the current capital arrangements and prudential capital guidelines as set out in paragraph 3 of the report; and
7. Note the Prudential Indicators for the Authority as set out in Appendix D of the report.