Agenda item

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.

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.