Issue - meetings
CAPITAL PROGRAMME 2020/21 -NEW BUILD OAKFIELD ROAD
Meeting: 10/12/2020 - Finance and Resources Committee (Item 37)
37 CAPITAL PROGRAMME 2020/21 -NEW BUILD OAKFIELD ROAD 
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To seek approval to allocate an additional £65,000 from the 2020/21 HRA Capital Programme to build 5 highly energy efficient flats for the housing revenue account at Oakfield Road, Stapleford.
Minutes:
The Committee considered the allocation of an additional £65,000 from the 2020/21 HRA Capital Programme to build 5 highly energy efficient flats.
It was noted that the funding was mainly related to the lack of capacity with the existing electrical network at Oakfield Road and the subsequent upgrade work required by Western Power, at a cost of £46,000.
RESOLVED that the 2020/21 Capital Programme be amended so that the budget for the New Build – Oakfield Road scheme be increased from £700,000 to £765,000 with the additional £65,000 cost met from HRA capital receipts.