The Council considered a report on Capital Investment Plan monitoring and variations from quarter 3.  The report provided details of expenditure and funding of service and community assets within the Council’s approved Capital Investment Plan.  The Overview and Scrutiny Board considered the submitted report at its meeting on 15 February 2012 put forward a number of recommendations.

The Council made the following recommendation to the Mayor:

It was proposed by Councillor Thomas (J) and seconded by Councillor Darling:

(i)         the Board recommends improved management of the Capital Programme;

(ii)        the Board recommends the Capital Slippage be brought to the Mayor’s attention for improvement; and

(iii)       the Board recommends that information is provided on how the overspend on the Parkfield project is being financed from funds originally allocated to Ellacombe and further request that this information is provided to the Board.

An amendment was proposed by Councillor Tyerman and seconded by Councillor Pritchard:

The Mayor is recommended that no further action is currently needed as the Capital Investment Strategy which was reviewed by Overview and Scrutiny and approved by Council on 8 February already contains changes to improve the management of the Capital Programme and the Mayor is already aware of the slippage being present at the meeting of the Overview and Scrutiny Committee when it was discussed and it is not the role of the Mayor to determine what information is provided to the Overview and Scrutiny Committee – any such request is already within the purview of that Committee.

The substantive motion (i.e. the amendment) was then before Members for consideration.

On being put to the vote, the substantive motion was declared carried.

The Mayor considered the recommendation of the Council as set out above at the meeting and supported the proposal to take no further action.

It was proposed by Councillor Tyerman and seconded by Councillor Pritchard:

(i)         that the latest position on the Capital Investment Plan be noted; and

(ii)        that £0.213 million of Prudential Borrowing for the replacement of some of the Council’s vehicle fleet be approved (see para A2.1 of the submitted report).

On being put to the vote, the motion was declared carried.