Decision details

To set the Council’s Capital Programme for 2014/15.

The Council is required to agree a Capital Budget for the forthcoming financial year. The initial programme will be agreed on 6 March 2014, but subsequent updates will be required, as and when the Government announces its capital allocations for the Authority

Further to Minute No. 102 of the Cabinet meeting held on 27 February 2014, the Council considered the report of the Head of Corporate Finance and ICT which provided details of the 2014/15 Capital Allocations received to date and their use in the development of a new starts programme for 2014/15.

It was moved by Councillor P. Dowd, seconded by Councillor Maher:

“That approval be given to:

(1)       the inclusion within the Capital Investment Plan of the Capital schemes to be  funded from the 2014/15 Single Capital Pot as outlined in Appendix A of the report, and

(2)       the inclusion within the Capital Investment Plan of the Property Intervention Fund 2014/15 allocation of £500,000 to be funded from Capital Receipts as outlined in paragraph 5 of the report.”

An amendment was moved by Councillor Hands, seconded by Councillor Hubbard that the Motion be amended by the addition of the following text:

“(3)      the deletion of the self financed scheme to partially demolish the Ainsdale Hope Centre, set out in Appendix B of the report.”

Following debate thereon, on a show of hands, the Mayor declared that the amendment was lost by 35 votes to 26.

On a show of hands, the Mayor declared that the original Motion was carried by 35 votes to 10 with 16 abstentions and it was

RESOLVED:

That approval be given to:

(1)       the inclusion within the Capital Investment Plan of the Capital schemes to be  funded from the 2014/15 Single Capital Pot as outlined in Appendix A of the report, and

(2)       the inclusion within the Capital Investment Plan of the Property Intervention Fund 2014/15 allocation of £500,000 to be funded from Capital Receipts as outlined in paragraph 5 of the report.