Decision details

The Cabinet gave consideration to the commercially sensitive information in relation to Item 7 – Creating a Better Place Update.

Resolved:

1.    That the Cabinet notes and approves the progress being made in relation to the Creating a Better Place Programme that supports revenue savings generated, progress towards the borough’s carbon reduction targets, creation of new jobs, apprentice opportunities, new homes for Oldham’s residents and increased social value.

2.     That the Cabinet notes and approves the technical, legal and commercial recommendations for certain projects within Part B of the submitted report, as set out in the project profiles in Appendix B.

3.    That the Cabinet approves reprofiling £12.630m from the Council’s CaBP capital programme as set out in section 4, of the submitted report and with further detail within the project profiles in Appendix B.

4.    That the Cabinet notes and approves the proposal to review the CaBP capital programme and risk assess each project against deliverability, contractual challenges to identify any potential opportunities to reduce prudential borrowing in order to save revenue (repayments) as part of the budget savings options.

5.    The Cabinet notes and approves the delegation of approval to the Executive Director for Place and Economic Growth in consultation with the relevant portfolio holders and Directors of Economy, Finance and Legal for any further contractual, technical or financial decisions for the delivery of the CaBP projects referenced (all of which follow previous Cabinet approvals on the holistic detail and parameters for project delivery, contractual obligations and financial management).

6.    That the cabinet notes and approves the delegation of approval to the Executive Director for Place and Economic Growth, in consultation with the relevant portfolio holders and Director of Finance, for reviewing and approving the results of the CaBP capital programme review to identify savings, as the results will be fed back to Cabinet and full Council, in due course, as part of the budget setting process for the next financial year.