Purpose

This report summarises proposed amendments to
the Capital Programme considered by the Capital Strategy Group on
27 August 2024.

Content

RESOLVED
that:-
 
1.      
Local Authority Housing Fund Round 3
 
a)       Cabinet approve the
proposed spend of £1.242 million (£0.828 million in
2024-25 and £0.414 million in 2025-26) for the purchase and
refurbishment of 7 properties. This spend will be funded by
£0.651 million from the existing Affordable Homes Budget in
the Capital Programme and £0.591 million from grant
funding;
 
b)       Cabinet note the
receipt of £0.596 million grant from the Ministry of Housing,
Communities and Local Government (MHCLG). This grant funding is
made up of a £0.591 million capital grant and £0.005
million revenue grant;
 
c)       Cabinet approve the
amendment to the Capital Programme to reallocate £0.651
million from the Affordable Homes project in the Capital Programme
to the Local Authority Housing Fund Round 3 project; and
 
d)       Cabinet approve the
amendment to the Capital Programme to include the external grant
from MHCLG of £0.591 million.
 
2.      
Bellingham Middle and Primary Schools Low Carbon Heating
System
 
a)       Cabinet approve the
proposed spend of £0.887 million (£0.048 million in
2024-25 and £0.839 million in 2025-26) to install a low
carbon heating system. This spend will be funded from the existing
Climate Change Capital fund in the Capital Programme; and
 
 
b)       Cabinet approve the
amendment to the Capital Programme to reallocate £0.887
million from the Climate Change Capital Fund project in the Capital
Programme to the Bellingham Middle and Primary Schools Low Carbon
Heating System project.
 
3.      
Otterburn First School Low Carbon Heating System
 
a)       Cabinet approve the
proposed spend of £0.155 million (£0.010 million in
2024-25 and £0.145 million in 2025-26) to install a low
carbon heating system. This spend will be funded from the existing
Climate Change Capital fund in the Capital Programme;
and
 
b)       Cabinet approve the
amendment to the Capital Programme to reallocate £0.155
million from the Climate Change Capital Fund project in the Capital
Programme to the Bellingham Middle and Primary Schools Low Carbon
Heating System project.
 
 
 
 
 
4.       New
Hartley Bungalows
 
a)       Cabinet approve the
proposed additional spend of £0.563 million for the
development of 9 bungalows at the New Hartley site. The spend will
be funded using HRA reserves and Treasury retained capital
receipts; and
 
b)       Cabinet approve the
amendment to the Capital Programme for the updated spend as
profiled in table 9.11.
 
5.      
Network Infrastructure Update
 
a)       Cabinet approve the
proposed spend of £3.573 million for the Network
Infrastructure Update as profiled in table 10.8. This spend will be
funded from the existing Network Infrastructure project and CISO
project in the capital programme;
 
b)       Cabinet approve the
amendment to the Capital Programme to reallocate £0.713
million (£0.613 million 2024-25 and £0.100 million in
2025-26) from the CISCO project to the Network Infrastructure
Update project; and
 
c)       authority be
delegated to the Executive Director for Transformation and
Resources to enter into a contract for the work required up to
£3.573 million.