Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
RESOLVED that Cabinet recommends to Full Council that:
Housing Capital Programme
A The Housing Capital Programme 2019/20 revised outturn of £23,005,000, as set out in Table 2 of the report is noted.
B The Housing Capital programme 2020/21 of £27,739,000, as set out in Table 5 of the report is approved, including £10.2 million of external borrowing in 2020/21 and a further £8.7 million in the following two years to support building council homes. Total borrowing £18.9 million.
Non Housing Capital Programme
C The revised Non Housing Capital Programme 2019/20 of £13,738,000, as set out in Table 6 of the report is noted.
D The Non Housing Capital Programme for 2020/21 £11,048,000 including the Enterprise Zone (Modus), £5,363,000, and Elm Hatch £1,185,000, as set out in Table 10 of the report is approved.
E External borrowing of £13.8 million is approved to support the Non Housing Capital Programme in 2020/21 and a further £10.2 million in respect of the Housing Capital Programme.
Report author: Simon Freeman
Publication date: 24/01/2020
Date of decision: 23/01/2020
Decided at meeting: 23/01/2020 - Cabinet