Agenda item

Capital Strategy and Capital Programme Refresh for 2014/15-2023/24

To agree the recommendations of the 10 February 2015 cabinet for a refreshed general fund capital programme and housing investment fund programme.

Minutes:

(see pages 57 – 91 of the main agenda and pages 48 – 71 of supplemental 1)

 

This report was considered after the guillotine had fallen, therefore in accordance with council assembly procedure rule 1.12 (3) & (4), the report was afforded up to a maximum of 15 minutes.

 

In accordance with council assembly procedure rule 2.11 (1), Councillor Fiona Colley, cabinet member for finance, strategy and performance, moved the report.

 

Following debate (Councillors James Barber and Richard Livingstone), the recommendations contained within the report were put to the vote and declared to be carried.

 

RESOLVED:

 

1.  That the recommendations of the 10 February 2015 cabinet for a refreshed general fund capital programme for the period 2014/15 to 2023/24 of £585.6 million, as detailed in the cabinet report attached as Appendix 1 of the report, be agreed.

 

2.  That the recommendations of the 10 February 2015 cabinet for the housing investment programme (HIP) for the period 2014/15 to 2021/22 of £1,538.4 million as detailed in the cabinet report attached as Appendix 1 of the report, be agreed.

 

3.  That the Southwark Council capital programme 2014/15 to 2023/24 which outlines the key achievements of the capital programme since 2011 and the council’s capital investment plans for the next ten years attached as Appendix 2 of the report, be noted.

Supporting documents: