Issue - meetings

(a)       That the Committee supports the allocations and schemes in Table 2 of     the report for Statutory/Regulatory and Retained Assets section of the        Council Fund Capital Programme 2017/18 – 2019/20;

(b)       That the Committee supports the schemes in Table 3 of the report for          the Investment section of the Council Fund Capital Programme;

(c)        That the Committee noted that the shortfall of funding of schemes in          2018/19 and 2016/20 at this point in the approval process is flexible.          Options including a combination of future capital receipts, alternative             grants, prudential borrowing or phasing schemes over several years will     be considered during 2017/18, and included in future capital programme             reports;

(d)       That the Committee noted the development of a longer term Capital            Strategy and Asset Management Plan;

(e)       That the comments made by the Committee, as shown in Appendix 1 of     the minutes, be feedback to Cabinet to consider before the final Capital         Programme 2017/18 – 2019/20 report is considered by Council; and

(f)        That the Committee recommend to Cabinet that it support the proposed      ‘red’ route as part of the consultation on the Welsh Government A494/A55 improvement plan.  

                        The Chief Officer (Organisational Change) and Senior Manager     (Technical             Accountancy) introduced the developing Capital Programme for      the period 2017/18 – 2019/20.

                        A detailed presentation was given, which covered the following areas:-

·         3 Part Council Fund Capital Programme

·         Table 1 – Estimated Available Funding

·         Table 2 – Proposed Allocations

·         Table 3 – Proposed Investment

·         Table 4 – Summary (Generally Funded Capital Programme)

·         Dealing with any Shortfall in Funding

·         Table 6 – Specifically Funded Schemes

·         Table 7 – Summary Capital Programme

The questions and comments raised by Members were shown at Appendix 1 of the minutes.

RESOLVED

(a)       That the Committee supports the allocations and schemes in Table 2 of     the report for Statutory/Regulatory and Retained Assets section of the        Council Fund Capital Programme 2017/18 – 2019/20;

(b)       That the Committee supports the schemes in Table 3 of the report for          the Investment section of the Council Fund Capital Programme;

(c)        That the Committee noted that the shortfall of funding of schemes in          2018/19 and 2016/20 at this point in the approval process is flexible.          Options including a combination of future capital receipts, alternative             grants, prudential borrowing or phasing schemes over several years            will be considered during 2017/18, and included in future capital     programme reports;

(d)       That the Committee noted the development of a longer term Capital            Strategy and Asset Management Plan;

(e)       That the comments made by the Committee, as shown in Appendix 1 of     the minutes, be feedback to Cabinet to consider before the final Capital         Programme 2017/18 – 2019/20 report is considered by Council; and

(f)        That the Committee recommend to Cabinet that it support the proposed      ‘red’ route as part of the consultation on the Welsh Government A494/A55 improvement plan.