Issue - meetings

(i)              The Investment Committee approves:

(a)         The reallocation of schemes to other funding programmes as outlined in Appendix 1 (table 2) 

(b)        The reprofiled decision point 2 development costs, as set out in Appendix 1 (table 3)

(c)         Additional development costs of £1.273 million for A58 Beckett Street, bringing the total development costs to £1.779 million from the LPTIP Fund

(d)        That authority is delegated to the Combined Authority’s Managing Director to approve, via a Change Request, additional development costs from the LPTIP Fund for the A58 Beckett Street scheme, should the costs be affordable within the LPTIP programme.

(e)         Additional development costs of £0.716 million for Alwoodley Gates Park and Ride bringing the total development costs to £0.916 million from the LPTIP Fund

(f)         An additional £1.558 million for programme management costs, bringing the total programme management costs to £5.558 million from the LPTIP Fund and full approval to spend programme management of costs £5.558 million, from the LPTIP Fund

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

The Committee considered a report which detailed the outcomes of part one of a review of the Leeds Public Transport Investment Programme.

The review covered recommendations for managing bus infrastructure and programme management elements of the programme and provided several recommendations.

The second part of the review would be presented to the Investment Committee at a later meeting. 

Resolved:

(i)              The Investment Committee approved:

(a)         The reallocation of schemes to other funding programmes as outlined in Appendix 1 (table 2) to the submitted report.

(b)        The reprofiled decision point 2 development costs, as set out in Appendix 1 (table 3) to the submitted report.

(c)         Additional development costs of £1.273 million for A58 Beckett Street, bringing the total development costs to £1.779 million from the LPTIP Fund.

(d)        That authority is delegated to the Combined Authority’s Managing Director to approve, via a Change Request, additional development costs from the LPTIP Fund for the A58 Beckett Street scheme, should the costs be affordable within the LPTIP programme.

(e)         Additional development costs of £0.716 million for Alwoodley Gates Park and Ride bringing the total development costs to £0.916 million from the LPTIP Fund.

(f)         An additional £1.558 million for programme management costs, bringing the total programme management costs to £5.558 million from the LPTIP Fund and full approval to spend programme management of costs £5.558 million, from the LPTIP Fund.

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