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Summary of New Capital Proposals considered by Officer Capital
Strategy Group 
 
RESOLVED
that:-
 
(a )    
Children’s Residential Homes:
 
a)       Cabinet approve the
reallocation of capital funds of £1.260 million in 2023-24
from Black Close House to purchase six private residential
properties which will support the development of multi-building
children’s residential homes in Northumberland.
 
b)       Cabinet approve that
delegated authority is given to the Executive Director for
Children, Young People and Education to enter into a contract(s)
for the acquired units as and when they are identified up to the
approved budget limit.
 
(b )     BT Openreach
Gainshare receipt
 
a)       Cabinet approve the
receipt of BT Openreach gainshare funding amounting to £2.145
million. 
 
b)       Cabinet approve the addition of
£2.145 million to the Council’s capital expenditure
budget in 2023-24 to be split as follows:
 
i)
      
Repayment to Building Digital UK (BDUK) of £0.989 million
(46.11% of the total gainshare receipt) as per terms of the
Contract; and,
 
ii)
      
£1.156 million into Community Broadband in respect of
enabling additional premises to access the £2,500 top up
voucher to help provide gigabit connectivity in the hardest to
reach areas
 
(c )     Levelling Up
Funding for Rapid Electric Vehicle (EV) Chargers:
 
a)       Cabinet approve the
receipt of Levelling Up funding amounting to £0.453 million
awarded to the Council for the provision of ten new rapid EV
chargers to be delivered between April 2023 and March 2025, split
as follows:
 
£0.347 million in 2023-24; and,
 
£0.106 million in 2024-25.
 
b) 
     Cabinet note the
match funding NCC contribution of £0.050 million (10%) from
the existing capital allocation in the Climate Change Capital Fund
in 2024-25, creating a total budget of £0.503
million.
 
 
 
 
(d )     Alnwick
Playhouse – Replacement of Lighting Rig:
 
a)       Cabinet approve the
creation of a new capital project in 2023-24 for the installation
of a new lighting rig at Alnwick Playhouse to ensure that the main
auditorium is fully health and safety compliant.
 
b)       Cabinet approve the
reallocation of capital funds of £0.100 million in 2023-24
from   Ashington North East Quarter
Redevelopment (Phase 2) to Alnwick Playhouse Lighting Rig to fund
installation of the new rig.
 
c)       Cabinet note that
the Strategic Regeneration Projects budget will reallocate
£0.100 million to the Ashington North East Quarter
Redevelopment (Phase 2) project in 2024-25.