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Decision details

Commuted Sums Policy

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To seek approval of a Commuted Sums policy to levy capital payments for the ongoing maintenance of assets.

Decision:

That Cabinet

1.      Approved the Commuted Sums Policy as set out in Appendix A.

2.      Authorised the Executive Director Growth and Regeneration in consultation with the Cabinet Member Transport to take all steps required to implement the policy and make minor amendments as required.

3.      Noted that officers will continue to consider whether commuted sums can be applied to grant funded projects.

Report author: Shaun Taylor

Publication date: 06/06/2023

Date of decision: 06/06/2023

Decided at meeting: 06/06/2023 - Cabinet

Effective from: 14/06/2023

Accompanying Documents: