Decision details

Getting Building Fund: Enterprise Zone - Parry Lane

Decision Maker: West Yorkshire and York Investment Committee

Decision status: Recommendations Approved (subject to call-in)

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).Ro

Decision:

(iii)    In respect of the Parry Lane Enterprise Zone the Investment Committee approved that:

(a)        The EZ Parry Lane scheme proceeds through decision point 5 (full business case with finalised costs) and work commences on activity 6 (delivery).

(a)        Approval of to the Combined Authority contribution of £8.259 million, of which £1.886 million is from the LGF and £6.373 million from GBF, is given. The total scheme value is £8.356 million.

(b)        Combined Authority to enter into a Funding Agreement with Bradford Council for a value up to £0.25 million.

(c)        Future approvals are made in accordance with the assurance pathway and approval route outlined in this report, which will be subject to the scheme remaining within the tolerances outlined in this report.

 

Report author: Rob Tranmer

Publication date: 07/04/2021

Date of decision: 07/04/2021

Decided at meeting: 07/04/2021 - West Yorkshire and York Investment Committee

Date comes into force if not called in: 15/04/2021

Call-in deadline date: 14/04/2021

Current call-in Count: 0