Decision details

(i)              The Investment Committee approves:

(a)         The reallocation of schemes to other funding programmes as outlined in Appendix 1 (table 2) 

(b)        The reprofiled decision point 2 development costs, as set out in Appendix 1 (table 3)

(c)         Additional development costs of £1.273 million for A58 Beckett Street, bringing the total development costs to £1.779 million from the LPTIP Fund

(d)        That authority is delegated to the Combined Authority’s Managing Director to approve, via a Change Request, additional development costs from the LPTIP Fund for the A58 Beckett Street scheme, should the costs be affordable within the LPTIP programme.

(e)         Additional development costs of £0.716 million for Alwoodley Gates Park and Ride bringing the total development costs to £0.916 million from the LPTIP Fund

(f)         An additional £1.558 million for programme management costs, bringing the total programme management costs to £5.558 million from the LPTIP Fund and full approval to spend programme management of costs £5.558 million, from the LPTIP Fund

(g)        That the Combined Authority issues addendums to the existing Funding Agreements with Leeds City Council for expenditure from the LPTIP Fund.