COUNCIL RESOLVED -

(i)

That the revision to the Capital Programme be approved.

(ii)

That the financing of the revised programme be approved.

(iii)

That the capital expenditure and capital financing requirement indicators have been revised in line with the revised budget and that none of the approved Prudential Indicators set for 2021/22 have been breached.

Consideration has been given to the latest position on the 2021/22 Capital Programme and Prudential Indicators at the end of the second quarter to 30 September 2021.

RESOLVED -

(i)

That the Council be recommended to approve the revision to the 2021/22 Capital Programme as detailed in the report and appendix 2 as the revised programme.

(ii)

That the Council be recommended to agree the financing of the revised Capital Programme.

(iii)

That it be confirmed to Council the capital expenditure and capital financing requirement indicators have been revised in line with the revised budget and that none of the approved Prudential Indicators set for 2021/22 have been breached.

The above decisions have been made for the following reasons:

(A)

To ensure the optimum use of the Council’s capital resources in 2021/22.

(B)

To accommodate changes to the Council’s in-year capital expenditure plans.

(C)

To ensure performance has been assessed against approved Prudential Limits.