Decision details

Mrs Clack declared a pecuniary interest in this item.

This part 2 report contained the financial and value for money information relating to item 12.

RESOLVED:

1.           That the background information set out in the submitted Part 1 and Part 2 reports be noted.

2.           Subject to the financial information contained in the Part 2 report, a Horley Master Plan Delivery Fund be approved.

3.           Approval be given for capital expenditure, to provide improvements to the Fastway bus service at Langshott/The Acres development, as outlined in this report and the Part 1 report. 

4.           That the Strategic Director for Environment and Infrastructure and the Director of Finance, in consultation with the Leader of the Council and Cabinet Member for Environment and Planning, approve any requests to the Horley Master Plan Delivery Fund within delegated authority.

5.           That s106 income relating to works already delivered and funded from the Council's capital and revenue budgets, be held in a specific reserve to further mitigate risks against the Horley Master Plan, until such time that it can be released to support wider Council expenditure.

Reasons for Decisions:

To inform Cabinet about how the Horley Master Plan Delivery would be funded, to approve budget allocations and to highlight the financial risks.