Decision details

Resolved:

(i)      That the Committee notes the financial position as reported.

(ii)     That in reference to the Leeds Public Transport Investment Programme Review Part 2 the Finance, Resources and Corporate Committee approved:

(a)        The reprofiled (updated) indicative allocations, as set out in the updated version of Appendix 2 (table 2).

(b)        The Leeds City Council costs for rail package schemes, as set out in the updated Appendix 2 (table 3).

(c)        That the Combined Authority issues addendums to the existing Funding Agreements with Leeds City Council for expenditure from the LPTIP Fund for the LCC costs for rail package schemes.

(iii)       That in relation to the funding for Leeds City Council on the bus delivery package schemes the Finance, Resources and Corporate Committee approved:

(a)    The LCC costs for bus delivery package schemes, as set out in Appendix 2 (table 4). 

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

(iv)       That in relation to the Leeds Integrated Station Masterplan expenditure the Finance, Resources and Corporate Committee approved:

(a)        That the Combined Authority issues an addendum to the existing Funding Agreement with Leeds City Council for expenditure of £1,000,000 from the LPTIP Fund to the Leeds Integrated Station Masterplan (LISM) project.