Decision details

Getting Building Fund: Bradford 'City Village' Phase 1

Decision Maker: Director, Finance & Commercial Services

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Approval for the scheme to progress through Activity 5 (Full Business Case with finalised costs) and work commence on Activity 6 (Delivery).

Decision:

To approve that the Getting Building Fund: Bradford ‘City Village’ Phase 1 scheme proceeds through decision point 5 and work commences on activity 6 (Delivery).

 

To approve the Combined Authority’s contribution of £3 million (which will be funded from the Getting Building Fund) towards a total scheme value is £24.055 million.

 

To approve that the Combined Authority enters into a funding agreement with Bradford Council for expenditure of up to £3 million from the Getting Building Fund.

Reasons for the decision:

To enable delivery of a new market hall in Bradford city centre, replacing an outdated market and unlocking a mixed-use development opportunity.

 

Publication date: 30/03/2021

Date of decision: 26/03/2021

Effective from: 09/04/2021

Accompanying Documents: