Agenda item

Agenda item

Capital Programme Update

The report of the Deputy Chief Executive and City Treasurer was to follow and is now enclosed.

Minutes:

A report concerning requests to increase the capital programme was submitted. We agreed to recommend three changes to the Council and to make a further four changes under delegated powers. These changes would increase Manchester City Council’s capital budget by £ by £2.142m over this year and the next two, funded by borrowing, external contributions and government grants.

 

The report also explained that acting under delegated powers the Deputy Chief Executive and City Treasurer had approved a further £2.06m of Capital expenditure approval for eight different schemes and proposals. Those were:

 

Scheme

Funding Released

Green Homes Grant

£500,000

Emergency Active Travel Fund T2 Development Costs

£200,000

Auto Bollards Additional Funding

£132,000

Bee Network Junctions & Crossings Development Costs

£53,000

TFGM Bus Stop Enhancements - Development

£38,000

Three separate releases for the Medieval Quarter and Glade of Light Memorial – total

£1,137,000

 

The report also sought approval for a change in the funding approval processes for highways works, in order to enhance the decision-making processes without creating any additional risks. This would see early works for schemes in 2020/21 funded through use of borrowing via the Highways Development Fund. The Development Fund would then be reimbursed from the Capital Fund as funding was claimed. That approach was supported.

 

In July 2020 the Chancellor had announced £1bn of grant funding would be made available as part of a range of measures to support economic recovery in response to COVID-19 for investment in decarbonisation of public estates. The report explained that an overall Greater Manchester bid had been collated by GMCA for a total value £80.7m. The City Council’s bid as part of that had been for £22.9m.

 

The Glade of Light memorial was to become the city’s permanent memorial to those killed in the Manchester Arena bombing of May 2017. It was to be part of the public realm of the Northern Quarter in the city centre. The report explained that external funding has been secured for the scheme and £1.137m had been approved for work to be completed by November 2021.

 

It was also reported that Council had been successful in its application to the Cultural Capital Kickstart Fund for the Factory Project, the application had been for £21m.

 

Decisions

 

1.         To recommend that the Council approve the following changes to Manchester City Council’s capital programme:

 

(a)        ICT – End User Devices. A capital budget virement of £3.615m is requested, funded by Unallocated ICT Investment Budget.

 

(b)        Children’s Services – Our Lady’s RC High School – Permanent. A capital budget virement of £2.4m is requested, funded by Unallocated Education Basic Needs Grant Budget.

 

(c)        ICT – Network Refresh Programme. A capital budget virement of £3m is requested, funded by Unallocated ICT Investment Budget.

 

2.         Under powers delegated to the Executive, to approve the following changes to the City Council’s capital programme:

 

(d)        Children’s Services - Special Capital Fund – Grange School Expansion. A capital budget virement of £0.195m is requested, funded by Unallocated Special Education Needs Grant.

 

(e)        Highways Services – Northern Eastern Gateway Walking and Cycling Scheme Accelerated Works. A capital budget increase of £1.746m is requested, funded by External Contribution.

 

(f)        Highways Services – Manchester Cycleway Early Works. A capital budget increase of £0.450m is requested, funded by External Contribution.

 

(g)        ICT - Resident and Business Digital Experience Platform Additional Funding. A capital budget decrease of £0.054m is requested and approval of a corresponding transfer of £0.054m to the revenue budget, funded by capital fund.

 

3.         To approve Highways funding strategy to progress accelerated works

 

4.         To note increases to the programme of £2.060m as a result of delegated approvals.

 

5.         To note update on Public Sector Decarbonisation Scheme Bid

 

6.         To note update on Medieval Quarter and Glade of Light Memorial project

 

7.         To note update on The Factory Cultural Recovery Fund Grant

 

 

Supporting documents: