Issue - meetings

Capital Programme 2020/21 to 2024/25

Meeting: 27/02/2020 - Council (Item 80)

80 Capital Programme 2020/21 to 2024/25 pdf icon PDF 127 KB

Additional documents:

Minutes:

Consideration was given to the Capital Programme for the next five years to provide significant levels of strategic investment to help maintain and deliver financial sustainability and support the Council’s strategic approach to Making Gateshead a Place Where Everyone Thrives.

 

COUNCIL RESOLVED  -

(i)

That the capital programme for 2020/21, and the provisional programmes for 2021/22 to 2024/25, as set out in Appendix 2, subject to external funding approvals being received, be approved.

 

 

(ii)

That the provisional capital financing for the programme, as set out in Appendix 3, be noted and authority be delegated to the Strategic Director, Resources and Digital to enter prudential borrowing which is consistent with the requirements of the Capital Programme and the Council’s Treasury Management Strategy.

 


Meeting: 25/02/2020 - Cabinet (Item 123)

123 Capital Programme 2020/21 to 2024/25 pdf icon PDF 566 KB

Report of the Strategic Director, Resources and Digital

Minutes:

Consideration has been given to the proposed Capital Programme for the next five years to continue to provide significant levels of strategic investment to help maintain and deliver financial sustainability and support the Council’s strategic approach to Making Gateshead a Place Where Everyone Thrives.

 

RESOLVED -

That the Council be recommended to approve the following:

 

 

(i)         The Capital Programme for 2020/21 and the provisional             programmes for 2021/22 to 2024/25, as set out in             Appendix 2 to the report, subject to external funding             approvals being received.

 

 

(ii)        The provisional capital financing for the programme,             as set out in Appendix 3 to the report, and to delegate             authority to the Strategic Director, Resources and Digital to             enter prudential borrowing which is consistent with the             requirement of the Capital Programme and the Council’s             Treasury Management Strategy.

 

The above decisions have been made for the following reasons:

 

 

(A)       To continue to provide significant strategic investment         to deliver the Council’s priority outcomes.

 

 

(B)       To assist with the medium and longer-term financial             sustainability of the Council.

 

 

(C)       To maximise resources available within the Council’s          capital programme to assist in the delivery of the five           key priority areas which underpin the Thrive Agenda.