It was reported that in accordance with the wishes of the Conservative and Liberal Democrat Groups the membership of the Board had been amended by including Councillors Tyerman, Pountney and Baldrey instead of Councillors Bent, Darling and Pentney respectively.

To confirm as a correct record the minutes of the meetings of the Board held on 3 and 9 July 2014.

The Minutes of the meetings of the Board held on 3 and 9 July 2014 were confirmed as a correct record and signed by the Chairman.

To consider the Capital Investment Plan Update and to make any comments or recommendations to the Council.

The Board considered the Capital Investment Plan Update report for the first quarter of 2014/15.  It provided high level information on capital expenditure for the year.

It was noted that the approved Plan relied on the generation of £3.4 million receipts from asset sales by the end of the current plan period and there was still an outstanding balance of £1.9 million.

The Board asked questions on the impact of reallocating capital resources previously allocated to the empty homes scheme, issues around flooding, business case for beach huts proposals and transportation schemes.

(Note:  during consideration of Minute 20, Councillor Tyerman declared a non-pecuniary interest as a Member of the Coast and Countryside Trust.)

To consider all of the information received by the Priorities and Resources Review Panel and the Overview and Scrutiny Board, to make any recommendations and to agree the report from the Review.

The Board considered the “Conclusions and Recommendations” from the Review of Priorities and Resources for 2015/16 which had been undertaken during September 2014.  The Chairman thanked the public, all Members of the Council and Officers for all their work and engagement in the Review.

Resolved:  that the Conclusions and Recommendations agreed at the meeting be adopted by the Board and that the report from the Review of Priorities and Resources be completed and published.