Purpose

To consider and approve the works.

Decision

RESOLVED

KEY DECISION

That the Executive:

a) Noted the obligations on NNC to progress the adoption of roads and infrastructure on the Oakley Vale development.

b) Approved that the budget of £971,350, as per the value of the external works deposit held, be added to the Capital Programme to allow works to road adoptions at Oakley Vale Phase 5.

c) Delegated authority to the Executive Member for Highways, Travel & Assets in consultation with the Executive Director for Place & Economy to procure the necessary remedial works to the road and infrastructure at Oakley Vale Phase 5 and recover these costs from the external works deposit.

Reasons for Recommendations:

·     To fulfil the obligations entered into by CBC, completing the works and spending the external monies in accordance with the Infrastructure Works Agreement and supplemental agreements to progress the adoption of roads and infrastructure.

·     To procure and undertake the required works in line with the Council’s constitution and financial regulations in relation to governance.

Alternative Options Considered: The only other option available is to do nothing, however given the legal obligations on the Council, as the works deposit covers the budget cost of the works and because of the negative public perception if adoption was not progressed, this option is not recommended.