Issue - meetings

Quarterly capital monitoring report quarter 1

Meeting: 20/09/2011 - Cabinet (Item 10)

10 Quarterly Capital Monitoring Report Quarter 1

To approve the addition of budgets into the programme, note the current monitoring position of the capital programme, to allocate the necessary capital resources to redevelop the area immediately in front of Peckham Rye Station and to bring forward the work on Seven Islands Leisure Centre.

Supporting documents:

Minutes:

RESOLVED:

 

1.  That the addition of budgets into the programme, matched by additional funding secured since the last report to cabinet be approved.

 

2.  That the current monitoring position for the capital programme 2011–2021 for both the general fund and housing investment programme 2011–2016 as at the 30 June 2011 (Appendices A, B and D of the report) be noted.

 

3.  That the additions into the programme of budgets relating to existing cabinet decisions and the movement of existing schemes between departments (Appendix C of the report) be noted.

 

4.  That the necessary capital resources be allocated to redevelop the area immediately in front of Peckham Rye Station, with the aim of reinstating the heritage of the station and to create new retail and other opportunities around the station to enhance the potential for the area, as requested by council assembly on 6 July 2011.

 

5.  That work on Seven Islands Leisure Centre be brought forward by a year, to start in the 2014/15 financial year, as requested by council assembly on 6 July 2011.