Decision - Street Lighting Invest to Save Project
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Decision details
Street Lighting Invest to Save Project
Decision Maker: Policy, Resources & Growth Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
To consider the financial options available
for Street Lighting Invest to Save proposal
Decision:
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.
Report author: Gill Packham
Publication date: 19/12/2016
Date of decision: 08/12/2016
Decided at meeting: 08/12/2016 - Policy, Resources & Growth Committee
Accompanying Documents: