Decision details

Permission to borrow £422,000 from Prudential Borrowing in order to fund the Re-improvement works to 41 pitches for Gypsies and Travellers at Cottingley Springs.

Further to Minute No. 69, 5^th September 2012, the Director of Environment and Neighbourhoods submitted a report which sought approval to inject £1,116,000 into the Council’s Capital Programme for the purposes of refurbishing Cottingley Springs, whilst the report also sought authority to spend the £1,116,000 sum, in order to progress the capital scheme.

RESOLVED –

(a)  That approval be given for the injection of this scheme, totalling £1,116,000, into the Capital Programme, to be funded from £890,000 of Homes and Communities Agency (HCA) grant, and £226,000 from prudential borrowing.

(b)  That authority to spend the £1,116,000 sum be approved, in order to progress the scheme detailed within the submitted report.

(The matters referred to within this minute were not eligible for Call In, because if such decisions were open for Call In and were subsequently Called In, then this would put at risk the timescales set by the HCA to start on site by 25th March 2013. The Call In process could not be concluded in time for the deadline and therefore the grant funding would be at risk. Therefore, this matter was deemed urgent, on the basis that any delay would seriously damage the Council’s, or the public’s interests).

Executive Board approval already in place to carry out re-improvements at Cottingley Springs. Extensive consultation with ward members and others carried out at that time.