Decision details

To consider, and if agreed, to recommend to Council the Capital Strategy for the period between 2017 to 2022.

(a)  That the capital strategy of £297m and the Minimum Revenue Provision be approved and Recommended to full Council.

(b)  That it be noted that the notional costs of borrowing for the capital programme to the revenue budget would be an increase of up to £4.2m per annum commencing during the period of the capital strategy to fund borrowing.

(c)  That the principles underpinning the capital programme in paragraph 5.1.2 and the Minimum Revenue Provision principles in 5.6 be approved.

(d)  That Appendices A and B to the report detailing the capital programmes be approved (subject to these having approved Final Business Cases by the Capital Strategy Board).