Issue - meetings

Report CSD23034

The following amendment was moved by Councillor Jeremy Adams and seconded by Councillor Simon Jeal.

“Additional Recommendation:

(v)  agree a supplementary capital estimate of £15,275k for the period 2023/24 to 2026/27 to be funded by £400k from the Growth Fund earmarked reserve and £14,950k by sourcing a partner to acquire a 49% interest in the Direct Line building.”

On being put to the vote, the amendment was LOST.

The following amendment was moved by Councillor Julie Ireland and seconded by Councillor Chloe-Jane Ross.

“Additional Recommendation:

(v)  to make a provision of up to £1m to help community groups purchase Community House and the Public Halls and reduce the equivalent provision in the capital programme.”

On being put to the vote, the amendment was LOST.

The following amendment was moved by Councillor Mark Smith and seconded by Councillor Alison Stammers.

“Additional Recommendation:

(v)  agree that officers bring forward the development work of Chislehurst Library to be undertaken in 2023/24 (costs of £1m), rather than in 2024/25 as assumed in the latest Capital Programme.” 

On being put to the vote, the amendment was LOST.

A motion to (i) approve the new schemes and other changes to the programme identified in the report, (ii) approve the refinancing of the Council’s existing Housing Schemes through long-term borrowing of £49.2m, (iii) approve the use of up to £10m of earmarked revenue reserves to support funding of the Council’s capital programme and (iv) agree that all new and existing Housing Schemes should be funded by long term borrowing, was moved by Councillor Christopher Marlow, seconded by Councillor Colin Smith and CARRIED.