Issue - meetings

Report FSD19067

The report summarised the current position on capital expenditure and receipts following the first quarter of 2019/20 and sought approval for a revised Capital Programme.

The report had been scrutinised at the Executive, Resources and Contracts PDS Committee meeting on 3^rd July 2019 and the Committee supported the proposals.

RESOLVED that

(1) The report be noted, including a total re-phasing of £45,868k from 2019/20 into future years, and the revised Capital Programme be agreed. 

(2) The following amendments to the Capital Programme be approved -

(i)  Deletion of the £391k residual balance on the Beacon House Refurbishment scheme and increase of £391k to the Basic Need scheme as detailed in paragraph 3.3.2;

(ii)  Deletion of £40k from the Phoenix Centre scheme as detailed in paragraph 3.3.3;

(iii)  Addition of £239k for the Devolved Formula Capital 19/20 scheme as detailed in paragraph 3.3.4; and

(iv)  Increase of £16k for the Banbury House Demolition/Site Preparation scheme as detailed in paragraph 3.3.5.

(3) It is noted that a report elsewhere on the agenda requests the addition of £1.5m to the Capital Programme for Boiler Plant Works;

(4) It is noted that a report elsewhere on the agenda requests the addition of £6.0m to the Capital Programme for the provision of modular homes as detailed in paragraph 3.3.6 of the report.

(5) Council be recommended to agree an increase of £1,922k on Transport for London (TfL) funded Traffic and Highways schemes as detailed in paragraph 3.3.1 of the report.