Agenda, decisions and minutes

There were no apologies for absence. Members welcomed Councillor Byford to the Committee as it was his first meeting.  

There were no declarations of pecuniary interests at the meeting.

There were no items which required the exemption of the press and public.

Resolved: That the minutes of the meeting of the Investment Committee held on the 4 December be approved.

Resolved: That Investment Committee agrees the proposals set out in section 2.9 and recommends to the Combined Authority that the revised baseline allocations for each project (Appendix 1 - Total Forecast Spend (£m) June 2019) and the revised programme dates for each project (Appendix 2) are approved.

Members considered a report which summarised the review undertaken of the West Yorkshire and York plus Transport Fund. The review concluded that the level of funding required by each project was at a manageable level.

Appendix 1 to the submitted report set out the revised funding baselines for the Transport Fund projects. It was noted that the exercise had been useful and agreed that an annual review of the Transport Fund would be carried out in June.

Members were pleased with the detailed review and were satisfied that their desire for clarity around projects had been met.

Resolved: That Investment Committee agrees the proposals set out in section 2.9 and recommends to the Combined Authority that the revised baseline allocations for each project (Appendix 1 - Total Forecast Spend (£m) June 2019) and the revised programme dates for each project (Appendix 2) are approved.

(i)          That in respect of the Leeds Transport Model Update 2020 the Investment Committee recommends to the Combined Authority:

(a)        That the Leeds Transport Model Update 2020 project proceeds through Decision Point 2 and work commences on Activity 5 (full business case with finalised costs).

(b)        That an indicative approval of £600,000 is given from the West Yorkshire plus Transport Fund towards a total scheme cost of £1.2 million with full approval to spend being granted once the scheme has progressed through the assurance process to Decision Point 5.

(c)         That future approvals are made in accordance with the assurance pathway and approval route outlined in this report including at Decision Point 5 through a delegation to the Combined Authority’s Managing Director following a recommendation by the Combined Authority’s Programme Appraisal Team. This will be subject to the scheme remaining within the tolerances outlined in this report.

(ii)         That in respect of the York Outer Ring Road Phase 3 project the Investment Committee approved:

(a)        That the York Outer Ring Road Phase 3 project proceeds through decision point 4 and work commences on activity 5 (full business case with finalised costs).

(b)        That an indicative approval to phase 3 to the value of £2.174 million is given from the West Yorkshire plus Transport Fund towards a total scheme cost of £7.174 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).

(c)         That an indicative approval to the YORR programme to the value of £38.378 million, an increase from £38.276 million, is given from the West Yorkshire plus Transport Fund towards a total programme cost of £44.216 million, an increase from £38.926 million.

(d)        That future approvals are made in accordance with the assurance pathway and approval route outlined in this report including at decision point 5 through a delegation to the Combined Authority’s Managing Director following a recommendation by the Combined Authority’s Programme Appraisal Team. This will be subject to the scheme remaining within the tolerances outlined in this report.

(iii)       That in respect of the Bradford City Centre Heritage Properties Development Scheme that Investment Committee approved:

(a)        That the change request to the Bradford City Centre Heritage Properties Development scheme to alter the scope and replace original Property Two with the alternative heritage property is approved. 

(b)        That future approvals are made in accordance with the assurance pathway and approval route outlined in this report following a recommendation by the Combined Authority’s Programme Appraisal Team. This will be subject to the scheme remaining within the tolerances outlined in this report.

(iv)       That in respect of the York Scarborough Bridge the Investment Committee approved:

(a)        That the change request to the York Scarborough Bridge project to enhance the original scheme, increase the Combined Authority contribution by £280,000 and increase the timeframe to March 2021 is approved.

(b)        That the Combined Authority enters into an addendum to the existing funding agreement  ...  view the full decision text for item 47.

The Committee considered a report which set out proposals for the progression of, and funding for, a number of West Yorkshire Combined Authority supported projects, including West Yorkshire plus Transport Fund (Transport Fund) and Local Growth Fund, for consideration by the Investment Committee at stages 1, 2 and 3 of the Combined Authority’s assurance process.

Members discussed the proposals for the progression of the following schemes which were detailed in the submitted report:

·       Leeds Transport Model Update 2020

·       York Outer Ring Road Phase 3

·       Bradford City Centre Heritage Properties Development Scheme

·       York Scarborough Bridge project

The Committee was also advised of the following decisions made through delegations to the Combined Authority’s Managing Director since the last meeting:

·       Corporate Technology Programme – CRM Improvements (package E01).

Resolved:

(i)          That in respect of the Leeds Transport Model Update 2020 the Investment Committee recommends to the Combined Authority:

(a)        That the Leeds Transport Model Update 2020 project proceeds through Decision Point 2 and work commences on Activity 5 (full business case with finalised costs).

(b)        That an indicative approval of £600,000 is given from the West Yorkshire plus Transport Fund towards a total scheme cost of £1.2 million with full approval to spend being granted once the scheme has progressed through the assurance process to Decision Point 5.

(c)         That future approvals are made in accordance with the assurance pathway and approval route outlined in this report including at Decision Point 5 through a delegation to the Combined Authority’s Managing Director following a recommendation by the Combined Authority’s Programme Appraisal Team. This will be subject to the scheme remaining within the tolerances outlined in this report.

(ii)         That in respect of the York Outer Ring Road Phase 3 project the Investment Committee approved:

(a)        That the York Outer Ring Road Phase 3 project proceeds through decision point 4 and work commences on activity 5 (full business case with finalised costs).

(b)        That an indicative approval to phase 3 to the value of £2.174 million is given from the West Yorkshire plus Transport Fund towards a total scheme cost of £7.174 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).

(c)         That an indicative approval to the YORR programme to the value of £38.378 million, an increase from £38.276 million, is given from the West Yorkshire plus Transport Fund towards a total programme cost of £44.216 million, an increase from £38.926 million.

(d)        That future approvals are made in accordance with the assurance pathway and approval route outlined in this report including at decision point 5 through a delegation to the Combined Authority’s Managing Director following a recommendation by the Combined Authority’s Programme Appraisal Team. This will be subject to the scheme remaining within the tolerances outlined in this report.

(iii)       That in respect of the Bradford City Centre Heritage Properties Development Scheme that Investment Committee approved:

(a)        That the change request to  ...  view the full minutes text for item 47.

That in respect of the York Outer Ring Road Phase 3 project the Investment Committee approved:

(a)        That the York Outer Ring Road Phase 3 project proceeds through decision point 4 and work commences on activity 5 (full business case with finalised costs).

(b)        That an indicative approval to phase 3 to the value of £2.174 million is given from the West Yorkshire plus Transport Fund towards a total scheme cost of £7.174 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).

(c)         That an indicative approval to the YORR programme to the value of £38.378 million, an increase from £38.276 million, is given from the West Yorkshire plus Transport Fund towards a total programme cost of £44.216 million, an increase from £38.926 million.

(d)        That future approvals are made in accordance with the assurance pathway and approval route outlined in this report including at decision point 5 through a delegation to the Combined Authority’s Managing Director following a recommendation by the Combined Authority’s Programme Appraisal Team. This will be subject to the scheme remaining within the tolerances outlined in this report.

That in respect of the York Outer Ring Road Phase 3 project the Investment Committee approved:

(a)        That the York Outer Ring Road Phase 3 project proceeds through decision point 4 and work commences on activity 5 (full business case with finalised costs).

(b)        That an indicative approval to phase 3 to the value of £2.174 million is given from the West Yorkshire plus Transport Fund towards a total scheme cost of £7.174 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).

(c)         That an indicative approval to the YORR programme to the value of £38.378 million, an increase from £38.276 million, is given from the West Yorkshire plus Transport Fund towards a total programme cost of £44.216 million, an increase from £38.926 million.

(d)        That future approvals are made in accordance with the assurance pathway and approval route outlined in this report including at decision point 5 through a delegation to the Combined Authority’s Managing Director following a recommendation by the Combined Authority’s Programme Appraisal Team. This will be subject to the scheme remaining within the tolerances outlined in this report.

Resolved: That the minutes of the Business Investment Panel held on 3 December be noted.