The Chief Financial Officer presented a report giving details of proposed additions to the capital investment programme for 2015/16 to 2017/18.

The report had already been seen by the General Overview and Scrutiny Committee who had requested it be updated to show the schemes that are funded externally and those which are funded partly or wholly by the Council and also to show the updated levels of debt.

It was pointed out that £47m of the capital schemes will be funded externally.

Included in the items added to the capital programme are the South Wye Transport Package and the purchase of the Three Elms Trading Estate. There is the potential for Colwall Church of England Primary School to need a replacement building; further reports will come to Cabinet if this is the case.

In reply to a members question the Director for Economy, Communities and Corporate gave details of the reasons for the expenditure for the Yazor Brook Flood Alleviation Scheme. He confirmed construction of the Energy from Waste plant had begun and was on budget. He also confirmed the works were needed on the Town Hall to avoid any further deterioration of the building.