Issue - meetings

Mirfield to Dewsbury to Leeds (M2D2L)

Meeting: 07/04/2021 - ARCHIVED - West Yorkshire and York Investment Committee (Item 67)

Mirfield to Dewsbury to Leeds (M2D2L)

Decision:

(ii)         That in respect of the TF: Mirfield to Dewsbury to Leeds the Investment Committee approved that:

(a)        The M2D2L project proceeds through decision point 3 and work commences on activity 4 (full business case).

(b)        An indicative approval to £12.500 million is given from the Transport Fund towards a total scheme cost of £13.150 million, 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 project value is £13.150 million, this will be funded from a Combined Authority contribution plus £0.500 million from the Leeds City Council Section 106 fund and £0.150 million from the Emergency Active Travel Tranche 2 funds

(c)        Additional development costs of £0.735 million are approved to progress the scheme up to decision point 5 (full business case with finalised costs), taking the total scheme approval from the Transport Fund to £1.270 million.

(d)        The Combined Authority enters into an addendum to the existing funding agreement with Kirklees Council for additional expenditure of up to £0.735 million from the West Yorkshire plus Transport Fund, taking the total funding agreement value to £1.270 million.

(e)        Future approvals are made in accordance with the assurance pathway and approval route outlined in this report. This will be subject to the scheme remaining within the tolerances outlined in this report.

 

Minutes:

(ii)         That in respect of the TF: Mirfield to Dewsbury to Leeds the Investment Committee approved that:

(a)        The M2D2L project proceeds through decision point 3 and work commences on activity 4 (full business case).

(b)        An indicative approval to £12.500 million is given from the Transport Fund towards a total scheme cost of £13.150 million, 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 project value is £13.150 million, this will be funded from a Combined Authority contribution plus £0.500 million from the Leeds City Council Section 106 fund and £0.150 million from the Emergency Active Travel Tranche 2 funds

(c)        Additional development costs of £0.735 million are approved to progress the scheme up to decision point 5 (full business case with finalised costs), taking the total scheme approval from the Transport Fund to £1.270 million.

(d)        The Combined Authority enters into an addendum to the existing funding agreement with Kirklees Council for additional expenditure of up to £0.735 million from the West Yorkshire plus Transport Fund, taking the total funding agreement value to £1.270 million.

(e)        Future approvals are made in accordance with the assurance pathway and approval route outlined in this report. This will be subject to the scheme remaining within the tolerances outlined in this report.