Archived decisions

Contact: Trevor Wallis, tel 023 9244 6510 email: [email protected]

1. Summary

1.1 The following decision is sought:

That approval be given to the submission of an Outline Business Case to the Department for Transport in respect of the proposed Street Lighting Private Finance Initiative.

2. Reason

2.1 Addressing the backlog of maintenance and providing new investment in the street lighting stock and improving lighting standards will make a significant contribution to reducing road accidents, crime and fear of crime.

3. Other Options Considered and Rejected

3.1 Any alternative source of finance will not attract Government funding and will result in increased borrowing costs and/or interest charges being charged to the County Council Revenue Budget.

4. Conflicts of Interest Declared by the Decision Maker or Other Executive Member Consulted - None.

5. Dispensation granted by the Standards Committee - None.

6. Reason(s) for the Matter being dealt with if Urgent - None.

Approved by:....................................... Date: ..................................

Councillor T K Thornber CBE - Chairman

1290Decn/TW