Decision details

Annual Replacement Programme 2021 to 2024 - Domestic and Commercial Bins (Cab.2.6.2021/12)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Approval is required to adjust the capital provision allocated to the annual programme for the replacement of damaged and stolen bins and supply of new bins, for both commercial and domestic premises.

Decision:

RESOLVED:-

 

1.         that the bin replacement programme for domestic and commercial bins for 2021-2024 be approved; and

 

2.         that the estimated annual replacement programme will result in capital expenditure of £0.300m per annum from 2021-2024; finance officers have assessed and the most cost-effective funding mechanism in respect of this programme will be prudential borrowing.  The bins will be financed over a period of ten years per tranche which reflects their useful life and is in keeping with previous replacement programmes.

Publication date: 02/06/2021

Date of decision: 02/06/2021

Decided at meeting: 02/06/2021 - Cabinet

Effective from: 09/06/2021

Accompanying Documents:

 

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