Decision details

Revenue Investment Funds 2020/21 November Report

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

Update and recommendations for initiatives against the Revenue Investment Funds from November Panel

Decision:

That Cabinet:

 

1)  Supports the progress made on the Climate Change strategy with a new Solar Panel project approved by Corporate Board under the under the authorisation delegated to Chief Executive at a cost of £0.094m.

 

2)  Approves the bids as detailed in section 2, amounting to £1.413m from the Sustaining Prevention Fund and £0.385m from the Commercial Fund.

 

3)  Approves the bid as detailed in section 3.1 amounting to £0.250m from the Capital Investment Fund and agree to add this to the capital programme.

 

4)  Notes the approval of Corporate Board for the remainder of the funding requested in bids detailed in Section 3 from the Covid-19 government grant funding.

 

5)  Authorises the Strategic Directors to procure and enter any agreements to give effect to the above proposals on terms and conditions acceptable to the Strategic Director for Resources.

 

Report author: Andrew Healey

Publication date: 11/12/2020

Date of decision: 10/12/2020

Decided at meeting: 10/12/2020 - Cabinet

Effective from: 18/12/2020

Accompanying Documents: