Decisions

1.            Agreed to the provision of discretionary top-up for the case detailed in the report below at a total cost of £ 22,196 subject to any additional unforeseen costs which may increase the amount of discretionary grant required.

2.            Determined that the full amount of the discretionary grant become repayable (subject to circumstances at the time) if the property is sold or ownership transferred within 10 years of the completion of the work.

1.    Agreed to the provision of discretionary top-up for the case detailed in the report below at a total cost of £12,609 subject to any additional unforeseen costs which may increase the amount of discretionary grant required

1.    Agreed to the provision of discretionary top-up for the case detailed in the report below at a total cost of £18,573.44 subject to any additional unforeseen costs which may increase the amount of discretionary grant required.

2.    Determined that the full amount of any discretionary grant becomes repayable if the ownership of the property is transferred by any means within 10 years of the completion of the grant aided works. A local land charge would be registered to reflect this condition.

1.    Approved the Christmas Parking offer, option1, providing free parking after 3 pm from Monday to Friday on School Street, Peel Street, Market Car Park and Fold Street car parks.

1.    Approved the terms of the loan to WV Living, including a return on investment chargeable quarterly.

2.    Approved the issue of the loan to WV Living in November 2020.

Capital Programme 2020-2021 to 2024-2025 Quarter Two Review

1.    Approved the revised medium-term General Revenue Account capital programme of £299.9 million, an increase of £11.4 million from the previously approved programme, and the change in associated resources.

Treasury Management Activity Monitoring – Mid Year Review 2020-2021

2.    Noted that a mid-year review of the Treasury Management Strategy Statement has been undertaken and the Council has operated within the limits and requirements approved in March 2020.

3.    Noted that revenue underspends of £1.8 million for the General Revenue Account and £682,000 for the Housing Revenue Account (HRA) are forecast from treasury management activities in 2020-2021, arising as a result of re-phasing of the capital programme and lower interest rates forecast on borrowing due to the impact on the economy of Covid-19.

4.    Noted that two of the three credit rating agencies have downgraded the UK’s credit rating.  If the remaining credit rating agency follows suit the Director of Finance will lower the minimum sovereign rating in the Annual Investment Strategy in line with the delegated authority approved by Council on 17 July 2020.

Appointment of Director of Adult Social Services (DASS)

5.    That the Council appointed Emma Bennett as the interim Director of Adult Social Services pending a review.

Extension of Regional Mortuary Provision

6.    That the Council agreed to the extension of the Regional Mortuary Provision from March 2021 to August 2021 and delegated authority to the Director of Governance to carry out the appropriate tasks in relation to amendment of the existing contract.

Approved entering into a non-exclusive block wayleaves.

Approved the award of the contract for the Traditional House Building on former small garage sites in Wolverhampton to J. Harper & Sons (Leominster) Ltd of Unit 1 & 2 Bevan Industrial Estate, Brierley Hill, West Midlands, DY5 3TF, United Kingdom for a duration of 14 months term from 1 December 2020 to 31 January 2022 for a total contract value of £5,516,876.00.

Approved the pilot device and connectivity lending scheme, as part of a broader whole city approach to delivering our commitment to be a digitally inclusive city.

1.    Approved the completion of the purchase of the former council property listed in Appendix 1 at the agreed price of £75,000 plus Home Loss compensation.

2.    Authorised the Chief Legal Officer or other authorised officers to execute legal documentation to put the purchases into effect.

Approved a virement from Capital contingency to Waste services creating a capital budget of £67,000 for waste bins to continue to deliver the services to new and existing customers.

1.    Approved the sale of the initial sales equity of the 3 shared ownership properties at the site known as Sweet Briary, Ettingshall, as detailed in the body of the report.

2.    Approved the sale of the initial sales equity of the 3 shared ownership properties at the site known as Peascroft, Bilston.

Approved payments totalling £24,500 as detailed at section 5.3.

Approved payments totalling £31,738 as detailed at section 5.3.

Approved the completion of the transactions listed below:

•      Land at Bee Lane PF – Minor disposal

•      Goldthorn Hill Allotments – Grant of initial two-year licence followed by a 25 year lease

•      Pelham Street sub-station – Sale of freehold

•      Plots of land at Dale Street/Murdoch Road, Bilston – Sale of freehold

•      The Shed, Cannock Road/Woden Road, Heath Town – Variation of restrictive covenant