Issue - meetings

Capital Programme Approvals

Meeting: 25/11/2013 - City Council (Item 63)

63 Capital Programme Approvals pdf icon PDF 55 KB

The Assistant Director for Finance, Efficiencies, Technology and Assets will submit a report on Cabinet recommendations for a scheme to be included in the capital programme and an increase in the allocation for an existing scheme.

 

Additional documents:

Minutes:

Councillor Lowry (Cabinet Member for Finance) proposed the Cabinet recommendations as indicated in the report of the Assistant Director for Finance, Efficiencies, Technology and Assets on capital programme approvals. (Cabinet minutes 62 and 64 refer).

 

With regard to the Civic Centre decant, councillors were advised that alternative leasing arrangements would enable the procurement of premises which would provide a modern front of house for the City Council and that he would report back on the deals when they were finalised. 

 

With regard to the Plan for Homes and the affordable housing loan facility, he indicated that the intention was to work with registered social landlords and co-operative housing associations.

 

Councillor Evans (Council Leader) seconded the proposals.

 

Agreed to –

 

(1)

an increase to the Council’s Capital Transformation budget 2013/14 of £0.627m to enable the Civic Centre decant;

(2)

the inclusion of the Plan for Homes within the Capital Programme from 2014/2015 until 2019/2020 with an allocation of up to £50 million (subject to due diligence) in support of the affordable housing loan facility to the Plymouth Housing Partnership.