Agenda item

Report of the Chamberlain.

The Committee considered a report of the Chamberlain concerning bids for capital funding. It was noted that the report had been considered and approved by the Resource Allocation Sub-Committee at its most recent meeting.

RESOLVED: That Members: -

1.     Approve the continued essential priority for release of funding at this time, as summarised in Table 1.

2.     Agree the release of up to £2.93m for the schemes in Table 1 from the reserves of City Fund and City’s Cash, subject to the required gateway approvals.

3.     Note that in order to maintain sound financial discipline a review of unallocated central project funding provisions will be brought to Members before the summer recess.