Decision details

Bradford Heritage Properties (High Point)

Decision Maker: West Yorkshire and York Investment Committee

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Approval for the scheme to progress through decision point 5 (Full Business Case with Finalised Costs).

Decision:

(i)              In respect of the Bradford Heritage Project the Investment Committee approved that:

(a)        The Bradford City Centre Heritage properties- High Point scheme proceeds through decision point 5 and work commences on activity 6 (delivery).

(b)        Approval to the Combined Authority’s contribution of £2.9 million (which will be funded from the Local Growth Fund) is given. The total scheme value is £9.432 million.

(c)        The Combined Authority enters into a funding agreement with Bradford Metropolitan District Council for expenditure of up to £2.9 million from the Local Growth Fund.

(d)        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: Polly Hutton

Publication date: 09/11/2020

Date of decision: 05/11/2020

Decided at meeting: 05/11/2020 - West Yorkshire and York Investment Committee

Effective from: 17/11/2020