[Councillor Woodward declared a personal interest in this item by virtue of being Leader of Fareham Borough Council and a Director of the Solent LEP.
Councillor Mans declared a personal interest in this item by virtue of the being a Director of the Solent LEP]
Cabinet considered a report of the Director of Corporate Resources regarding the Capital Programme 2019/20 – 2012-22.
The report was introduced and it was noted that the Capital programme was one of the largest of any local authority in the country. It was highlighted that since publication of the report, additional information had become available regarding the Botley by-pass project. In particular, confirmation had been received that funding from Homes England would be in the form of non-repayable grant and not as a loan. On this basis an additional recommendation was proposed to increase the Capital Programme by £32.869 million to meet the additional costs associated with further infrastructure works and the by-pass at Botley.
Cabinet welcomed the report and the additional information regarding the Botley project. The scale of the Programme was recognised as was the ability of the County Council to deliver it.
With the additional recommendation above, the recommendations in the report were proposed and agreed and the decision record can be found as an appendix to these minutes.