Issue - meetings
Major Capital Schemes Update
Meeting: 14/03/2007 - Executive Member for Children and Young People's Services and Advisory Panel (Item 62)
62 Major Capital Schemes Update PDF 56 KB
The report informs Members of recent progress with four major secondary school capital schemes in York (Huntington, York High, Manor and Joseph Rowntree Schools). The report also details a proposal from Fulford School to enter into a prudential borrowing arrangement with the Local Authority in order to finance a scheme that will significantly improve teaching facilities.
Decision:
Advice of the Advisory Panel:
That the Executive Member:
- Note the updates to the major schemes within the Children’s Services Capital Programme.
- Approve the amendment to the capital programme reported above and summarised in paragraph 25 of the report.
- Recommend to the Executive for approval the request from Fulford School to use prudential borrowing of £670k to fund part of the cost of the building project, and to include this in the capital programme.
- Recommend to the Executive for approval the revised capital programme summarised in the report.
Decision of the Executive Member:
RESOLVED: That the advice of the Advisory Panel be accepted and endorsed.
REASON: In order to allow the effective monitoring of the capital programme.
Minutes:
Members considered a report regarding recent progress with four major secondary school capital schemes in York (Huntington, York High, Manor and Joseph Rowntree Schools). The report also detailed a proposal from Fulford School to enter into a prudential borrowing arrangement with the Local authority in order to finance a scheme that would significantly improve teaching facilities.
Officers stated that there had been very good progress with the four major schemes stated above. He said that the proposal from Fulford School was very innovative. The main risk was that the Government would stop funding schools through devolved capital but he was confident that the governing body at the school had considered the proposal properly.
Advice of the Advisory Panel:
That the Executive Member:
- Note the updates to the major schemes within the Children’s Services Capital Programme.
- Approve the amendment to the capital programme reported above and summarised in paragraph 25 of the report.
- Recommend to the Executive for approval the request from Fulford School to use prudential borrowing of £670k to fund part of the cost of the building project, and to include this in the capital programme.
- Recommend to the Executive for approval the revised capital programme summarised in the report.
Decision of the Executive Member:
RESOLVED: That the advice of the Advisory Panel be accepted and endorsed.
REASON: In order to allow the effective monitoring of the capital programme.