Agenda Item No.
THE VALE OF GLAMORGAN COUNCIL
SCRUTINY COMMITTEE (ECONOMY AND ENVIRONMENT): 16 JULY, 2013
REFERENCE FROM CABINET: 1 JULY, 2013
C1394 FUNDING ARRANGEMENTS – HIGHWAY ASSETS 2013 / 2014 AND 2014 / 2015 (EVS) (SCRUTINY COMMITTEE – ECONOMY AND ENVIRONMENT) -
Approval was sought to continue the work programmes for the second and third years of the Local Government Borrowing Initiative (LGBI) for highway assets.
The LGBI was first introduced by Welsh Government for the provision of grant funding in order to free up Council resources to allow prudential borrowing to address highway asset improvement during the 2012 / 2013 financial period. The details of this and the supporting Business Justification Case (BJC) were presented to Cabinet on 18th April 2012 (Minute No. C 1699 refers).
The report detailed the work programme for the 2013 / 2014 and 2014 / 2015 periods which had been agreed by the Regional Transport Consortia (RTC) and subsequently signed off by the Council's Section 151 officer.
This was the second year of the 3 year initiative of the LGBI; the purpose of which was to allow local authorities to free up resources in order to borrow funding totalling £170 million across Wales. This allowed the Vale of Glamorgan to borrow £6.7 million over the 3 year period 2012 / 2013 to 2014 / 2015 equating to £2.23 million for each of the financial years of the initiative. The 2012 / 2013 programme as part of the LGBI was successfully delivered by the Highways and Engineering division of Visible Services.
In order to progress with the LGBI for the financial period 2013 / 2014 and 2014 / 2015 a condition of the funding required that the planned works programme over the two year period was included within the BJC. A full copy of the LGBI submission including the BJC and the 2 year programme were included in Appendix 'A' attached to the report.
The programmes specifically detailed the lists of roads that were planned to receive either resurfacing, micro asphalt proprietary surface treatment or that at surface dressing (SD). The programme also included a planned footway renewal programme of £150k per annum to be delivered over the same period.
At the meeting the Cabinet Member for the Environment and Visible Services commented in relation to the sustainability and climate change implications paragraph of the report, the annual replacement of sodium (yellow) street lights with new LED type lanterns would save energy and reduce carbon dioxide emissions.
This was a matter for Executive decision.
(1) T H A T the Local Government Borrowing Initiative (LGBI) work programme for the 2013 / 2014 and 2014 / 2015 periods as detailed at Appendix 'A' attached to the report be approved.
(2) T H A T delegated authority be granted to the Director of Visible Services and Housing, in consultation with the Cabinet Member for the Environment and Visible Services, to vary the works programme if necessary, as a consequence of any changes in the structural condition assessments through routine highway maintenance inspections.
(3) T H A T the report be forwarded to the Scrutiny Committee (Economy and Environment) for information.
(4) T H A T the Director of Visible Services and Housing makes representations through the Welsh Local Government Association Finance Sub Committee to raise concerns with future funding arrangements in light of the LGBI funding ceasing in 2015.
Reasons for decisions
(1) To formally approve the highway asset work programmes for 2013 / 2014 and 2014 / 2015 identified within the Business Justification Case (BJC).
(2) To permit the necessary flexibility for minor changes to be made if much higher priority highway works become necessary in areas outside of the current programme.
(3) To ensure that the Scrutiny Committee (Economy and Environment) was suitably informed.
(4) To make representation to the Welsh Local Government Association
Attached as Appendix – Report to Cabinet – 1 JULY, 2013