Decision details

Cabinet:

1. Approved the allocation of £2 million of Prudential Borrowing and reallocation of £4.5 million of City Centre Phase 1 heat network Prudential Borrowing for the further expansion of the council’s heat network.

2. Delegated authority to the Executive Director responsible for the Energy Service, in consultation with the Cabinet Member for Energy, the Cabinet Member for Finance, the Chief Finance Officer and the Monitoring Officer, to apply for and accept any government revenue and capital grant funding where available (including Heat Network Investment Project (HNIP) capital grant funding from the Department of Business, Energy & Industrial Strategy (BEIS), European Regional Development Fund (ERDF) and Heat Network Delivery Unit (HNDU) funding) and, where grant funding has been successfully applied for, this would constitute additional capital funding over and above the Prudential Borrowing sought within this Cabinet report and dedicated to the heat network.

3. Delegated authority to the Executive Director responsible for the Energy Service, in consultation with the Cabinet Member for Energy, the Chief Finance Officer and the Monitoring Officer, to determine the appropriate delivery model with potential investment partners should opportunities arise as part of the City Leap Prospectus.

4. Delegated authority to the Executive Director responsible for the Energy Service, in consultation with the Cabinet Member for Energy, the Chief Finance Officer and the Monitoring Officer, to carry out potential enabling works, with prospective funding appropriately identified from the funding approved by this Cabinet Report in order to future proof the infrastructure for potential cross border strategic heat networks, should such opportunities arise.

5. Delegated authority to the Executive Director responsible for the Energy Service to approve all necessary operational decisions associated with delivering the council’s heat network expansion programme, including signing of heat connection agreements with customers.

6. Delegated authority to the Executive Director responsible for the Energy Service, in consultation with the Cabinet Member for Energy, the Chief Finance Officer and the Monitoring Officer, to undertake and approve the procurement of all goods, works and services referenced in paragraphs 22 to 55 of Appendix A to the Cabinet Report.