Agenda and decisions

To note any urgent items of business which the Chairman has consented to being considered under the provisions of Section 100(B) 4(b) of the Local Government Act 1972.

Members should declare the existence and nature of any Disclosable Pecuniary Interest and Non Statutory Interest as defined by the Members’ Code of Conduct in respect of:

a)  any business on the agenda

b)  any urgent additional items to be considered

c)  any matters arising out of those items

and if appropriate, withdraw from the meeting at the relevant time.

To consider the minutes of the last meeting held on 2^nd December 2024

Moved by Councillor            and seconded by Councillor       

RESOLVED that the minutes of a meeting of the                      Committee held on be approved as a true and correct record.

RESOLVED that 1) all recommendations below be referred to the meeting of Council on 29^th January 2025;

2) that in the view of the Section 151 Officer, that the estimates included inthe Medium-Term Financial Plan 2024/25 to 2028/29, were robust and thatthe level of financial reserves whilst at minimum levels were adequate, be accepted,

3) officers report back to Executive and to the Finance and CorporateOverview Scrutiny Committee on a quarterly basis regarding the overallposition in respect of the Council’s budgets,

GENERAL FUND

4) a Council Tax increase of £6.07 be levied in respect of a notional Band Dproperty (2.99%),

5) the Medium-Term Financial Plan in respect of the General Fund as set outin Appendix 1 of the report be approved as the Revised Budget 2024/25,as the Original Budget in respect of 2025/26, and the financial projection inrespect of 2026/27 to 2028/29,

6) any further under spend in respect of 2024/25 be transferred to theCouncil’s General Fund Reserves,

7) on the basis that income from Planning Fees may exceed £0.500m in2024/25, the Head of Paid Service, in consultation with the Leader, begranted delegated powers to authorise such additional resources as werenecessary to effectively manage the resultant increase in workload.

HOUSING REVENUE ACCOUNT

8) Council increases its rent levels by 2.7% to apply from 1st April 2025,

9) the increases in respect of other charges as outlined in Appendix 4Table 1 of the report be implemented with effect from 1st April 2025,

10) the Medium-Term Financial Plan in respect of the Housing RevenueAccount as set out in Appendix 3 and 4 of the report be approved as theRevised Budget in respect of 2024/25, as the Original Budget in respect of2025/26, and the financial projection in respect of 2026/27 to 2028/29,

11) under spends in respect of 2024/25 to 2028/29 be transferred to theHRA Revenue Reserve.

CAPITAL PROGRAMME

12) the Capital Programme as set out in Appendix 5to the report be approved as the Revised Budget in respect of 2024/25, and as the Approved Programmefor 2025/26 to 2028/29.

RESOLVED that the Monitoring Officer be given delegated authority to finalise the heads of terms, including the schedule of works, and enter into a lease agreement based on the Heads of Terms negotiated which included a 12 month rent free period.

RESOLVED that 1) subject to planning approval, Executive approves the capital expenditure budget as outlined within the report to deliver the Alder Close affordable housing building scheme in the amount of £2,035,877 (less £670,000) – Scenario 1, Table 1,

2) subject to planning approval, a report be submitted to Council to update the schemes included in the Bolsover Homes pipeline funding envelope of £36.2m for the Alder Close, Shirebrook scheme which was currently not included.

3) subject to planning approval, Executive agrees that the Council enters into contract with Dragonfly Development Limited for the development of Alder Close as outlined in the report, subject to Council approval for inclusion in Bolsover Homes pipeline funding.

RESOLVED that the Council enters into a lease agreement on a 5-year lease term with a 12 month rent-free period. 

RESOLVED that 1) the funding of £249,914.25 from East Midlands Investment Zone be accepted,

2) RLB Rider Levett Bucknall be appointed to deliver the project on behalf of Bolsover District Council.