Report to be circulated separately.

A report by the Director of Finance detailed a draft Capital Programme for 2011/15 for consideration and referral to Council for approval. It also included the related capital financing requirements based upon the prudential indicators that inform the Treasury Management Strategy.

RESOLVED: That

(1)  the new submissions as detailed in section 7.2 be approved;

(2)  if the changes are approved, the capital financing requirements be reflected in the projected budget;

(3)  the Prudential Indicators be noted and reported as part of the Treasury Management Strategy in February 2011; and

(4)  update reports on the progress of the programme be presented in accordance with the Performance and Financial Monitoring reporting cycle.