Decisions

The Portfolio Holder for Transport, Highways and Road Safety, and the Portfolio Holder for Sustainability, Green Services and Open Spaces noted and acknowledged the changes in the Capital Programme that were proposed to the Executive on 18th January 2023.

That

1.  Treasury Management performance for the third quarter of 2022/23 be noted.

2.  Council be recommended to agree to adopt the Treasury Management Statement and the Annual Investment Strategy for 2023/24 including:

(i)  the Prudential Indicators for the period 2023/24 to 2025/26

(ii)  the Minimum Revenue Provision (MRP) policy statement

(iii)  revised minimum credit-ratings for Housing Associations (BBB+) and Corporate Bonds (BBB+)

That the Dedicated Schools Grant allocation for 2023/24 and the methodology of its distribution be approved. 

The Portfolio Holder for Public Protection and Enforcement noted the various options outlined in the report and agreed that Option 4 for the Out of Hours Noise Service delivery provision should be adopted as recommended.

That the Local Authority becomes a member of a not-for-profit company, limited by guarantee, provisionally to be known as the Pan London Vehicle, to:

a)  Develop and then oversee the running of London’s secure children’s home provision for a five-year period from 1^st April 2023 to 31^st March 2028, with a break-point after three years once the refreshed business case has been developed as well as the service pricing structure, commissioning approach, operating model, practice model and the secure children’s home’s location is confirmed.  Once the provision has launched, membership will be at a fixed annual cost of £20K (subject to inflation adjustment), unless an alternative model for funding the Pan London Vehicle, that does not require annual subscription, is agreed by members during the development phase; and,

b)  Collaborate with other Pan London Vehicle members on future joint commissioning programmes.

That the Local Authority commits in principle to joint oversight and risk/benefit sharing of the secure children’s home provision, through the Pan London Vehicle, for a five-year period to 31^st March 2028 (with three-year break point),that includes the build, service development and service commissioning phases, subject to ratification after the revision of the secure children’s home business case, and renewable on a ten yearly cycle thereafter, with break-point after five years; and,

That authority be delegated to the Director of Children, Education and Families in consultation with the Director of Finance and the Council’s Monitoring Officer to:

a)  Finalise the legal documents required to set up, join and run the Pan London Vehicle; and,

b)  Make the final determination on the Council’s membership of the Pan London Vehicle, following completion of the revised secure children’s home business case and, if appropriate, enter into all the legal agreements, contracts and other documents on behalf of the Council required to implement and run any aspect of the Pan London Vehicle arrangements.

That the current position in respect of capital expenditure and receipts following the third quarter of the 2022/23 financial year and the proposed revised capital programme for the four-year period 2022/23 to 2026/27 reported to the Council’s Executive on 18 January 2023 be noted.

DEFERRED

PERMISSION

CONFIRMED

APOLOGY: CLLR BAINBRIDGE

SUBSTITUTE: CLLR GABBERT

APOLOGY: CLLR KENNEDY-BROOKS

SUBSTITUTE: CLLR THOMSON

The Environment Portfolio Plan includes the key aim “to continue to invest in a timely and effective manner in our roads and pavements to maintain the value of our highway asset”. The proposed Plan identifies the Council will “Improve the condition of the of the highway network by completing an approved major programme of road and pavement resurfacing”.

The Portfolio Holder for Transport, Highways and Road Safety agreed the following:

That the schemes listed in Appendix ‘A’  of the report be included in a programme of Planned Highway Maintenance for 2023/24, to be undertaken by the Council’s existing highway term maintenance contractor.

That the decision to include additional schemes in the programme be delegated to the Director of Environment & Public Protection, based on the results of further condition assessments.

The Portfolio Holder for Transport, Highways and Road Safety approved the communication plan for the removal of the pay and display machines that could be seen in appendix 2 of the main report.

That the changes to the Capital Programme put to the Council’s Executive at its meeting on 18 January 2023 be noted.