Issue - meetings

Report of the Cabinet Member for Housing and Sustainability, seeking approval to increase the Housing and Sustainability revenue budget in the relevant financial years to enable a grant from the Environment Agency to be claimed to fund the River Itchen Flood Alleviation Scheme preliminary study, attached.

DECISION MADE: (Ref: CAB 13/14 11187)

On consideration of the report of the Cabinet Member forHousing and Sustainability, Cabinet agreed the following:

(i)  To accept a grant from the Environment Agency, totalling £457,000, to carry out the River Itchen Flood Alleviation Scheme preliminary study.

(ii)  To approve, in accordance with Financial Procedure Rules, the addition of £221,000 to the Housing and Sustainability Portfolio revenue budget in 2013/14 to commence work on the study, subject to formal written confirmation from the Environment Agency of the grant funding approval, and to note that a further addition of £236,000 to the 2014/15 revenue budget will be formally made as part of the preparation of that financial years’ budget.