Issue - meetings

Cabinet considered a report setting out proposals for a further 38,000 street lighting lanterns to be replaced with LED equivalents to be funded by an interest free loan from Salix Finance Ltd, a government funded body providing interest-free funding to the public sector to improve energy efficiency, reduce carbon emissions and lower energy bills, and which would enable a further £1.843m to be saved recurrently from the street lighting energy revenue budget per year when complete. 

Resolved: That:

  i.  the application for Salix funding as set out in the report be approved;

  ii.  the proposal as set out in the report be included within the Capital Programme 2018-2021.