Contact: Nick Gibbins, ext 7544, [email protected]

(With the concurrence of the Executive member under Section 100 (B) (4) (b)

of the Local Government Act 1972, this matter was included on the agenda to

enable the capital programme to be submitted to the Cabinet on 11 February

2005)

1 Summary

1.1 The following decisions are sought:

1 That the capital programme for 2005/06 to 2008/09 as set out in Appendix 1 be approved for submission to the Cabinet.

2 Reasons

2.1 Cabinet has requested that Executive members prepare proposals for:

· a locally-resourced capital programme for the four-year period from 2005/06 to 2008/09 within the guidelines of the current capital programme adjusted for inflation

· capital schemes supported by Government approvals in the form of grants or Government supported borrowing in 2005/06 and those expected to be supported in 2006/07, 2007/08 and 2008/09

· proposals for the use of unsupported borrowing in accordance with the County Council's policy on prudential borrowing

· possible capital projects which might be suitable for the private finance initiative (PFI) revenue support from the Government for 2005/06 to 2008/09, subject to further reports on the outline business case for each scheme and the Government support being available.

2.2 Decisions on the capital programme will support the range of Corporate Strategy Aims covered by Policy and Resources. The Corporate Aim(s) met by individual schemes are indicated in Appendix 1.

3 Other options considered and rejected - not applicable

4 Conflicts of interest declared by the decision maker or other Executive member consulted - not applicable

5 Dispensation granted by the Standards Committee - not applicable

6 Reason(s) for the matter being dealt with if urgent - proposals need to be submitted to the Cabinet on 11 February 2005 in order for the capital programme to be approved at the budget meeting of the County Council.

Approved by: (signature) Date: (date of decision)

Councillor T.K. Thornber