Decision details

Capital Investment Fund 2020/21 Q2

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

Cabinet to approve allocations from the Capital Investment Fund and add projects to the capital programme or to recommend to Council where projects exceed £2 million.

Decision:

That Cabinet approves:

 

1)       £3.615 million from the Capital Investment Fund for relocation work at Kingsway Nursery & Children’s Centre and recommend to Full Council to add to the Capital Programme at a full cost of £5.165 million.

 

2)       £0.430 million from the Capital Investment Fund for replacement bollards in Stratford, Nuneaton and Bedworth and add to the Capital Programme.

 

3)       £0.750 million from the Capital Investment Fund for the extension of the small business capital grants scheme and add to the Capital Programme at a full cost of £1.330 million.

 

4)       £3.025 million from the Capital Investment Fund for improvements to the A3400 Birmingham Road Corridor (Stratford) and recommend to Full Council to increase the existing scheme in the Capital Programme to a full cost of £6.525 million.

 

5)       £2.002 million from the Capital Investment Fund for improvements to the A446 Stonebridge Junction (Coleshill) and recommend to Full Council to add to the Capital Programme at a full cost of £2.378 million.

 

6)       £4.682 million from the Capital Investment Fund for improvements to the A429 Coventry Road Corridor (Warwick) and recommend to Full Council to add to the Capital Programme at a full cost of £5.921 million, on the condition that CIL funding is secured from WDC.

 

7)       £1.968 million from the Capital Investment Fund for procurement of measuring equipment to support evidence led decision making in tackling the climate emergency and air quality and recommend to Full Council to add to the Capital Programme at a full cost of £2.058 million.

 

8)       The authorisation of the Strategic Director for Communities to procure and enter into any agreements to give effect to the proposals on terms and conditions acceptable to the Strategic Director for Resources.

 

 

Report author: Andrew Harper

Publication date: 11/09/2020

Date of decision: 10/09/2020

Decided at meeting: 10/09/2020 - Cabinet

Accompanying Documents: