Issue - meetings

To receive and consider the attached report and recommendations of the Cabinet held on 29 June (minute 21 refers).

The report by the Director of Transport, Environment & Business Support seeks to gain approval to fund the installation of LED Street Lighting apparatus, and a Central Management System (CMS) across the City.

RECOMMENDED:

(1)       That Cabinet approve the Report for submission to Full Council to approve a change to the Capital Programme as set out in 2.2.

(2)       That Council give approval to increase the currently approved LED Residential Street Lighting Replacement Capital budget of £3.04m by a further £2.21m to £5.25m in order to upgrade the City Council's Street Lighting with LED lighting and a Central Management System. 

(3)       That the additional capital budget requirement of £2.21m be financed from Prudential Borrowing.

RECOMMENDATIONS TO COUNCIL

(1)       Cabinet approved the Report for submission to Full Council to approve a change to the Capital Programme as set out in (2) below

(2)       That Council give approval to increase the currently approved LED Residential Street Lighting Replacement Capital budget of £3.04m by a further £2.21m to £5.25m in order to upgrade the City Council's Street Lighting with LED lighting and a Central Management System. 

(3)       That the additional capital budget requirement of £2.21m be financed from Prudential Borrowing.     

(N.B. - As this is forwarded to Council for approval it is not subject to call-in)