Decision details

Resolved:

(a)      That the Combined Authority indicatively approves funding from the Single Investment Fund to enable progress to be made in key priority areas, with full approval to spend being granted once the project has progressed through the assurance process in line with the Combined Authority’s Assurance Process. The indicative funding requested is:

·          £500k to support scheme development relating to culture and creative industries.

·          £1m to provide initial resources required to undertake an assessment relating to Bus Franchising.

·          £600k over three years to develop, launch and embed a West Yorkshire Good Work Standard

·          £500k to support scheme development relating to employment and skills support for 16-30 year olds.

(b)      That the approval for programmes to pass through Decision Point 2, totalling no more than £2.6m of funding from the Single Investment Fund be delegated to the Finance, Resources and Corporate Committee.