Decision details

Funding the Council's Capital Programme

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To review the options for funding the Council's capital programmje

Decision:

(a)  That the contents of the report be noted;

 

(b)  That Cabinet agrees with the principle that the Council, as a first resort, will seek to fund its future known capital programme needs through the annual asset management planning process by the identification of land or property in its ownership that is capable of, and appropriate for, disposal;

 

(c)  That officers report back to the next Cabinet meeting with a list of potential development sites to be used as the basis for a formal response by the Council as a land owner to the local planning authority’s “call for sites” (as part of the Local Plan process) and used as a basis for programming future land/property disposals through annual Asset Management planning, beginning with the Asset Management Strategy 2015/16;

 

(d)   That the principle of engaging a development partner to bring forward the larger sites be agreed.

 

 

Report author: Executive Director (Regeneration and Development) - Neale Clifton

Publication date: 15/10/2014

Date of decision: 15/10/2014

Decided at meeting: 15/10/2014 - Cabinet

Accompanying Documents: