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).
Resolved: In respect of Enterprise Zone – Langthwaite -
That following a recommendation from the Investment Committee, the Combined Authority approves:
(i) That the Langthwaite Enterprise Zone scheme proceeds through decision point 3 (outline business case) and work commences on activity 5 (full business case with finalised costs).
(ii) That an indicative approval to the total scheme value of £5.55 million is given made up from the Local Growth Fund (£1.26 million) and Getting Building Fund (£4.29 million) with full approval to spend being granted once the scheme has progressed through the assurance process to decision point 5 (full business case with finalised costs).
(iii) That approval be given to development costs of £1.26 million from the Local Growth Fund to develop the scheme to decision point 5 (full business case with finalised costs), including funding to Wakefield Council to
(iv) That the Combined Authority enters into a funding agreement with Wakefield Council for an amount within the £1.26 million development costs from Local Growth Fund, the amount to be confirmed by the Programme team.
(v) That funding reallocation between the Getting Building Fund and Local Growth Funding element be approved, to maximise efficient and timely use of the Local Growth Fund where allowed.
(vi) That future approvals are made in accordance with the assurance pathway and approval route outlined in the submitted report including at decision point 5 (full business case with finalised costs) 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: Jess McNeill
Publication date: 07/09/2020
Date of decision: 04/09/2020
Decided at meeting: 04/09/2020 - West Yorkshire Combined Authority
Effective from: 15/09/2020