City Connect Phase 3 – Leeds
Decision:
Resolved:That in respect of City Connect Phase 3 the Investment Committee through delegated approval approves that:
(a) The City Connect Phase 3 Leeds project proceeds through decision point 3 and work commences on activity 4 (full business case).
(b) An indicative approval to the total project value of £6.504 million is given, with £6.14 million to be funded from the West Yorkshire plus Transport Fund, and £360,000 from the Leeds Public Transport Investment Programme (LPTIP), with full approval to spend being granted once the scheme has progressed through the assurance process to decision point 5 (full business case with finalised costs).
(c) Additional development costs of £15,000 are approved in order to progress the scheme to decision point 5 (full business case with finalised costs), taking the total project approval to £100,000.
(d) The Combined Authority enters into an addendum to the existing Funding Agreement with Leeds City Council for expenditure of up to £100,000 from the Transport Fund.
(e) Future approvals are made in accordance with the assurance pathway and approval route outlined in the submitted report following a recommendation by the Combined Authority’s Programme Appraisal Team. This will be subject to the scheme remaining within the tolerances outlined in the report.
Minutes:
Resolved: That in respect of City Connect Phase 3 the Investment Committee through delegated approval approves that:
(a) The City Connect Phase 3 Leeds project proceeds through decision point 3 and work commences on activity 4 (full business case).
(b) An indicative approval to the total project value of £6.504 million is given, with £6.14 million to be funded from the West Yorkshire plus Transport Fund, and £360,000 from the Leeds Public Transport Investment Programme (LPTIP), with full approval to spend being granted once the scheme has progressed through the assurance process to decision point 5 (full business case with finalised costs).
(c) Additional development costs of £15,000 are approved in order to progress the scheme to decision point 5 (full business case with finalised costs), taking the total project approval to £100,000.
(d) The Combined Authority enters into an addendum to the existing Funding Agreement with Leeds City Council for expenditure of up to £100,000 from the Transport Fund.
(e) Future approvals are made in accordance with the assurance pathway and approval route outlined in the submitted report following a recommendation by the Combined Authority’s Programme Appraisal Team. This will be subject to the scheme remaining within the tolerances outlined in the report.