Issue - meetings

UPDATE TO THE 2018/19 CAPITAL PROGRAMME

Meeting: 21/11/2018 - Council (Item 43)

43 UPDATE TO THE 2018/19 CAPITAL PROGRAMME pdf icon PDF 157 KB

To receive a report of the Section 151 officer on an Update to the 2018/19 Capital Programme (attached).

Additional documents:

Decision:

Five questions asked and answers given. Report agreed without division.

Minutes:

A report of the Section 151 officer sought agreement from Council to the virement of £1.2m from the regeneration programme to the highways infrastructure investment programme. The report also sought approval to the allocation of £3m capital receipts in the capital programme to create a contingency for asset purchases. These purchases would be funded from capital receipts which will be replenished as and when transfers are made and assets sold.

 

Three questions were asked on the report by the Upminster and Cranham Residents’ Associations Group and two questions were asked on the report by the Residents’ Group. The text of the question and of the answers given by the Cabinet Member are shown at appendix 1 to these minutes.

 

The report was AGREED without division.

 

RESOLVED:

 

1.    That the virement of £1.2m from the regeneration programme to the highways infrastructure investment programme be approved.

 

2.    That the allocation of £3m capital receipts in the capital programme to finance property investments in the capital programme be approved.