THAT it be recommended to Council that:

            (a)       an amount of £5,000,000 be approved by means of unsupported Prudential Borrowing to meet the preferred list of capital projects.

(b)            the Prudential Indicators detailed in Appendix 1, which include the projected Capital Programme, be endorsed.

(c)            the Treasury Management Strategy in Appendix 2 be endorsed.

(d)        that the borrowing limits outlined in Appendix 2 be approved.

Cabinet is responsible for recommending to Council the basis for allocating unsupported borrowing in line with the Council’s Capital Strategy.  The setting of Prudential Indicators and the reporting of the Council’s Treasury Management Strategy for the coming financial year is required by the CIPFA Prudential Code for Capital Finance.

As detailed in the report.