Issue - meetings

Bradford City Centre Heritage Properties - Conditioning House (Regeneration Scheme)

Meeting: 03/09/2019 - West Yorkshire and York Investment Committee (Item 14)

Bradford City Centre Heritage Properties - Conditioning House (Regeneration Scheme)

Decision:

(i)           That in respect of the Conditioning House scheme the Investment Committee approves:

a)        That the Conditioning House scheme proceeds through decision point 3 and work commences on activity 5 (full business case with finalised costs)

b)        That an indicative approval to the total project value of £1.5 million is given from the Local Growth Fund 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). The total scheme cost is £13.847 million

c)         That future approvals are made in accordance with the assurance pathway and approval route outlined in this report including at decision point 5 through a delegation to the Combined Authority’s Managing Director following a recommendation by the Combined Authority’s Programme Appraisal Team. This will be subject to the scheme remaining within the tolerances outlined in this report.

 

Minutes:

(i)           That in respect of the Conditioning House scheme the Investment Committee approves:

a)        That the Conditioning House scheme proceeds through decision point 3 and work commences on activity 5 (full business case with finalised costs)

b)        That an indicative approval to the total project value of £1.5 million is given from the Local Growth Fund 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). The total scheme cost is £13.847 million

c)         That future approvals are made in accordance with the assurance pathway and approval route outlined in this report including at decision point 5 through a delegation to the Combined Authority’s Managing Director following a recommendation by the Combined Authority’s Programme Appraisal Team. This will be subject to the scheme remaining within the tolerances outlined in this report.