Issue - items at meetings - LED Report

Issue - meetings

LED Report

Meeting: 10/07/2019 - Council (Item 12)

12 LED Conversion Project 2019 for Highway Street Lighting pdf icon PDF 213 KB

To receive a report from the Executive Director Place on the LED Conversion Project for Highway Street Lighting.                    (Report No: 7) 

Key Decision Reference:  KD: KD4863

 

Council is asked to approve additional funding for the Council’s Capital Programme to cover the cost of the project.

 

This report was considered and agreed at Cabinet on 12 June 2019.  The recommendations in the report have since been called in and the call in is due to be considered at a meeting of the Overview and Scrutiny Committee on 9 July 2019.  The outcome of the call-in meeting will be reported to Council at the meeting. 

Minutes:

RECEIVED: the report from the Executive Director Place on the LED Conversion Project for Street Lighting. (Report No: 7)

 

NOTED

 

1.            That Cabinet had agreed at their meeting held on 12 June 2019 and had recommended that Council approve additional funding for the Council’s Capital Programme to cover the cost of the project.

2.            The Cabinet decision had been called in and was considered at a meeting of the Overview and Scrutiny Committee held on 9 July 2019.  At the meeting, the Overview and Scrutiny Committee agreed to confirm the original Cabinet decision. 

 

AGREED: 

 

1.         To note that Cabinet had approved at their meeting on 12 June 2019:

 

ii)         A project to replace the existing street lights with LED lighting in line with current design standards and introduce a smart central management system.

ii)         A recommendation to Council, for the inclusion of the Street Lighting Project in the Council’s approved Capital Programme at a cost of £6.375m.

iii)        A recommendation to Council, for funding arrangements as set out in the report being external borrowing of £6.375m of which there is a five-year interest free loan of £4.09m from SALIX.

iv)        To note that the updated net savings will be reflected in the MTFP for 2020/21 and future years.

v)        To delegate to the Director of Environment and Operational Services, in consultation with the Director of Law and Governance, approval to make any necessary changes to the terms of the Street Lighting PFI contract.

 

2.            To approve:

 

i)          The inclusion of the Street Lighting Project in the Council’s approved Capital Programme at a cost of £6.375m.

ii)         Funding arrangements as set out in the report being external borrowing of £6.375m of which there is a five-year interest free loan of £4.09m from SALIX.