Decision details

SIIF Pipeline

Decision Maker: West Yorkshire Combined Authority, West Yorkshire and York Investment Committee

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To consider and subsequently approve grant applications for the Strategic Inward Investment Fund

Decision:

(i)              In respect of the SIIF Pipeline (project 5) the Investment Committee approved that:

(a)        The SIIF Pipeline (Project 5) project proceeds through decision point 2 and work commences on activity 6 (delivery).

(b)        Approval to the Combined Authority’s contribution of £2 million from the Local Growth Fund’s Strategic Inward Investment Fund is given with full approval to spend being granted once the scheme has progressed through the Assurance Process to decision point 5. Total project costs are £13.666 million.

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

 

Report author: Craig Taylor

Publication date: 08/01/2021

Date of decision: 07/01/2021

Decided at meeting: 07/01/2021 - West Yorkshire and York Investment Committee

Effective from: 16/01/2021