Agenda item

RECOMMENDED:

1.         That the Capital Programme and Capital Programme Financing (appendices A and B of the report) be approved.

2.         That the Minimum Revenue Provision (MRP) Policy Statement (appendix E of the report) be approved.

3.         That the Flexible Use of Capital Receipts Strategy (appendix G of the report) including the proposed use of capital receipts towards severance costs be approved.

4.         That the Prudential indicators detailed in the report and its appendices be approved.

Councillor Cutler (Deputy Leader and Cabinet Member for Finance and Risk), moved that the recommended minute be approved and adopted (seconded by Councillor Learney, Cabinet Member for Housing and Asset Management).

Council proceeded to ask questions and debate the matters in the recommended minute and the report.

RESOLVED:

That the recommended minute of Cabinet held 11 February 2021 (as follows) be approved and adopted:

1.         That the Capital Programme and Capital Programme Financing (appendices A and B of the report) be approved.

2.         That the Minimum Revenue Provision (MRP) Policy Statement (appendix E of the report) be approved.

3.         That the Flexible Use of Capital Receipts Strategy (appendix G of the report) including the proposed use of capital receipts towards severance costs be approved.

4.         That the Prudential indicators detailed in the report and its appendices be approved.