Decision details

Getting Building Fund: Enterprise Zone - Parry Lane

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 Getting Building Fund element of the Enterprise Zone - Parry Lane scheme to progress through Activity 5 (Full Business Case with finalised costs).

Decision:

(i)              In respect of the Parry Lane Enterprise Zone the Investment Committee approved that:

(a)        The EZ Parry Lane scheme proceeds through decision point 4 and work commences on activity 5 (Full business case with finalised costs).

(b)        Indicative approval of to the Combined Authority contribution of £6.969 million, of which £1.886 million from the LGF and £5.083 million from GBF, is given, with full approval to be granted once the scheme progresses through decision point 5 (Full business case with finalised costs). The total scheme value is £7.066 million.

(c)        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: Rob Tranmer

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