Decision - Street Lighting Invest to Save Project

That the Committee:

1)    gives approval to progress the Street Lighting Invest to Save project based upon the efficiency savings business case set out in Appendix 1 (“Business Case”); 

2)    Approves the inclusion of the Street Lighting Invest to Save project in the Council’s Capital Investment Programme as detailed in 2.1.3 below;

3)    Approves the funding of the invest to save project with £7.056m from unsupported borrowing and £0.900m from the Local Transport Plan (LTP) capital programme over the lifetime of LTP4, three years.

4)    Grants delegated authority to the Executive Director of Economy, Environment & Culture to procure and award a contract(s) including any necessary extensions to deliver the Street Lighting Invest to Save project and street lighting maintenance.