Issue - meetings

Getting Building Fund: George Hotel

Meeting: 04/03/2021 - ARCHIVED - West Yorkshire and York Investment Committee (Item 60)

Getting Building Fund: George Hotel

Decision:

(i)              In respect of the George Hill, Huddersfield, the Investment Committee approved that:

(a)         The George Hotel scheme proceeds through decision point 4 (full business case) and work commences on activity 5 (full business case with finalised costs).

(b)        Approval to the Combined Authority’s contribution of £1.365 million is given from the Getting Building Fund (GBF). The total scheme cost is £9.270 million

(c)         The Combined Authority enters into a funding agreement with Kirklees Council for expenditure up to £1.365 million from the Getting Building Fund.

(d)        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:

(i)              In respect of the George Hill, Huddersfield, the Investment Committee approved that:

(a)         The George Hotel scheme proceeds through decision point 4 (full business case) and work commences on activity 5 (full business case with finalised costs).

(b)        Approval to the Combined Authority’s contribution of £1.365 million is given from the Getting Building Fund (GBF). The total scheme cost is £9.270 million

(c)         The Combined Authority enters into a funding agreement with Kirklees Council for expenditure up to £1.365 million from the Getting Building Fund.

(d)        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.