Decision Maker: West Yorkshire Combined Authority
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Approval for the scheme to proceed through
Decision Point 3 (Outline Business Case) and work commence on
Activity 4 (Full Business Case).
Resolved: That following a recommendation from the Investment Committee, the Combined Authority approves:
(i) That the Corn Exchange Gateway project proceeds through decision point 3 and work commences on activity 4 (FBC).
(ii) That an indicative approval to the Combined Authority’s contribution of £24.7 million is given, with £18.6 million to be funded through the Leeds Public Transport Investment Programme and £6.1 million from the West Yorkshire plus Transport Fund, with full approval to spend being granted once the scheme has progressed through the assurance process to decision point 5 (FBC with finalised costs). The total project value is £25.6 million.
(iii) That future approvals are made in accordance with the assurance pathway and approval route outlined in the submitted report including at decision point 4 and 5 through a delegation to the Combined Authority’s Managing Director following a recommendation by the Combined Authority’s Programme Appraisal Team. This will be subject to the scheme remaining within the tolerances outlined in the report.
Report author: Lisa Childs
Publication date: 06/02/2020
Date of decision: 06/02/2020
Decided at meeting: 06/02/2020 - West Yorkshire Combined Authority
Effective from: 14/02/2020