Issue - meetings

This report presents the capital monitoring position at Quarter 1 for the current financial year 2021/22.

The Committee received a report presenting the capital monitoring position at Quarter 1 for the current financial year 2021/22.

The Committee received a verbal introduction from the Senior Accountant.

The following matters were raised by the Committee:

a)            S106 Funds: Following a question from a Member, the Officer confirmed that S106 funds could be used to make a viability contribution to Planning developments, to offer some affordable housing. It was noted that Housing officers would be able to look into the value and contributions of proposed developments, alongside the set criteria for such schemes.

b)            Ashley Centre car park: Following a question from a Member, the Officer confirmed that the recent fire which occurred at the Ashley Centre car park had no effect on the proposed expansion scheme.

Following consideration, the Committee resolved unanimously to:

(1)      Note the capital monitoring position at Quarter 1, as set out in the report;

(2)      Note the progress of capital projects as set out in appendix 1.