Decision details

1.                  That the revisions to the 2019/20 capital forecast, as set out in Appendix A and detailed within the report, be approved.

2.                  That the capital programme budget for 2020/21 and the forward commitments, as detailed in the report and in Appendix A, be approved.

3.                  That it be noted that the capital programme was financed from a mixture of grants, external contributions and long term borrowings.

4.                  That it be noted that provision has been made in the revenue budget for the associated financing costs of borrowing.

5.                  That expenditure of £0.80 million for the Albert Street, Hollinwood (Oldham) Growth Deal 2 Minor Works scheme, as set out in section 7 of the report and Appendix B, be approved.

6.                  That it be notedthat the capital programme would continue to be reviewed, with any new schemes which have not yet received specific approval but were included within the programme would be the subject of future reports.