Decision

1.   
That a capital budget of £400,000 be agreed to
upgrade 4 waste-water treatment works (WwTW) to be funded from HRA
reserves.
 
2.   
That works to individual WwTW works to be delivered
subject to the Council’s Chief Finance Officer and Strategic
Director agreeing the business case and granting authority to spend
the budget under Financial Procedure Rule 7.4; and, if credits are
to be sold in the market, suitable agreements being
secured.
 
3.   
That authority be delegated to the Strategic
Director, S151 Officer and Director
– Legal to utilise and/or dispose of (in accordance with
market conditions at the time of sale) credits generated from
historic and new upgrades in accordance with the following
strategy:
a)   
To support the delivery of council housing
commissioned by the council.
b)   
To support the delivery of housing where an element
of that housing is to be council housing and the approach helps to
unlock delivery via credit disposal.
c)   
To dispose of credits to support other council led
and enabled activities.
d)   
Disposal of credits to the open market.
 
4.   
That authority be delegated to the Strategic
Director and Director - Legal authority to agree required
monitoring and enforcement mechanisms for such arrangements and to
enter into legal agreements to facilitate delivery.

 
5.   
That authority be delegated to
the Strategic Director for the procurement of any works or services
and that the Strategic Director be authorised to award contracts
and enter into all necessary legal agreements with the preferred
bidder(s).