A629 Phase 2
(i) In respect of the A629 Phase 2: Halifax Town Centre the Investment Committee approved that:
(a) The A629 Phase 2 Halifax Town Centre scheme proceeds through decision point 4 and work commences on activity 5 (full business case with finalised costs).
(b) An indicative approval to the total scheme value of £47.84 million is given from the West Yorkshire plus Transport Fund (WY+TF) 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) Development costs of £2.598 million are approved to progress the scheme to decision point 5 (full business case with finalised costs) bringing the total development costs approval to £5.844 million.
(d) The Combined Authority enters into an addendum to the existing funding agreement with Calderdale Council for expenditure of up to £5.844 million from the WY+TF fund.
(e) 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.