Issue - meetings

Capital Strategy

Meeting: 09/03/2020 - Audit and Governance Committee (Item 35)

35 Capital Strategy pdf icon PDF 95 KB

To consider the report of the Cabinet Member for Performance and Resources

seeking Members to formally recommend that Council approves the Capital

Strategy.

Additional documents:

Minutes:

35.1 The Head of Policy and Resources outlined a report formally recommending that the Council approves the Capital Strategy.

 

35.2 Councillor Declan Wilson pointed to page 62/63 of the agenda, that outlined the Council’s planned capital expenditure for 2020/2021. He stated that it was a useful ‘crib sheet’ outlining the main capital projects planned for the upcoming year.

 

35.3 Councillor Wilson asked for clarity on which projects would be considered by the Capital Projects Steering Group and which would be considered by the Property Investment Board.

 

35.4 The Head of Policy and Resources replied that it depended on whether it was a general capital project or a strategic property investment proposal.

 

35.5 The Chair congratulated the Asset Management team and other officers for recent acquisitions.

 

35.6 RESOLVED that:- The Audit and Governance Committee RECOMMEND to Council that the Capital Strategy be approved.