Decision details

Capital Approval for Self Financing Schemes

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: Yes

Is subject to call in?: No

Decisions:

The Cabinet considered the report of the Head of Corporate Finance and ICT which provided details of the self financing schemes that had been considered by the Strategic Capital Investment Group on 12 December 2013 and were now presented to Cabinet for approval to their inclusion in the Capital Investment Plan.

 

Decision Made:

 

That:

 

(1)       approval be given to the inclusion of the self financing schemes set out in Section 2 of the report, in the Capital Investment Plan, subject to the relevant funding approvals being received;

 

(2)       subject to the projects being 100% externally    funded, and there    being no uncontrollable financial or legal risks,        approval be given to Sefton Council being the Accountable Body for:-

a)         Green Deal for Communities bid as outlined in paragraph 2.4 of the report;

b)         REECH into SMEs as outlined in paragraph                 2.5 of the report; and

c)         Low Carbon/REECH type activity under the next European Programme 2014-2020 as outlined in paragraph 2.6 of the report.

 

Reasons for Decision:

 

To enable the inclusion of the self financed schemes in the Capital Investment Plan following their consideration by the Strategic Capital Investment Group and the Cabinet.

 

Alternative Options Considered and Rejected:

 

The options available would be to not approve the schemes which would then be not undertaken.

 

Publication date: 22/01/2014

Date of decision: 16/01/2014

Decided at meeting: 16/01/2014 - Cabinet

Accompanying Documents: