Getting Building Fund: Enterprise Zone - Parry Lane
Decision:
(iii) In respect of the Parry Lane Enterprise Zone the Investment Committee approved that:
(a) The EZ Parry Lane scheme proceeds through decision point 5 (full business case with finalised costs) and work commences on activity 6 (delivery).
(a) Approval of to the Combined Authority contribution of £8.259 million, of which £1.886 million is from the LGF and £6.373 million from GBF, is given. The total scheme value is £8.356 million.
(b) Combined Authority to enter into a Funding Agreement with Bradford Council for a value up to £0.25 million.
(c) 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.
Minutes:
(iii) In respect of the Parry Lane Enterprise Zone the Investment Committee approved that:
(a) The EZ Parry Lane scheme proceeds through decision point 5 (full business case with finalised costs) and work commences on activity 6 (delivery).
(a) Approval of to the Combined Authority contribution of £8.259 million, of which £1.886 million is from the LGF and £6.373 million from GBF, is given. The total scheme value is £8.356 million.
(b) Combined Authority to enter into a Funding Agreement with Bradford Council for a value up to £0.25 million.
(c) 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.