This report advises the Board of the position on Council wide property improvements.  It recommends the Board to grant project approval for capital spending on General Fund and Housing Revenue Account property improvements for 2012/13 and to approve arrangements for in year amendments to the programme.

The Head of Corporate Assets submitted a report (previously circulated, now appended).

It was resolved to:-

         1.      Note and welcome the report and the proposals for capital spending on General Fund and Housing property improvements for 2012/13;

         2.      Grant project approval to the capital programme spend on   corporate priorities as outlined in the report for General Fund and   Housing properties, subject to the Head of Finance confirming that          funding is available for these proposals;

3.      Approve the methodology proposed for in-year amendments to      the agreed programme as outlined in the report, whereby the Head          of Corporate Assets, following consultation with other Heads of Service as appropriate to the property concerned, will then consult with the Head of Finance and the Executive Member for Finance, Corporate Assets and Strategic Planning or the Executive Member  for Housing Needs (as appropriate to the properties concerned and as necessary and appropriate to meet the requirements of the Council’s Constitution and Financial Regulations) in order to seek approval to the amendments prior to implementation.  Amendments will then be incorporated into the revised capital programme reported to City Executive Board as part of the regular quarterly financial monitoring report;

         4.      Note the paragraphs relating to the replacement of the comfort cooling system at Ramsay House (paragraphs 10 and 11) and support the principle of this work being funded partly from the budget now no longer required for 1, Floyds Row (vired to this project under delegated authority by the Head of Finance) and partly from the capital programme as shown in Appendix 3;