Agenda, decisions and minutes

West Yorkshire and York Investment Committee
Wednesday, 4th December, 2019 11.00 am

Venue: Committee Room A, Wellington House, 40-50 Wellington Street, Leeds

Items
No. Item

31.

Chair of the Meeting

Minutes:

As the position of Chair was vacant and the Deputy Chair had given apologies members were asked to elect a chair for the meeting. Councillor Jeffery was nominated and this was agreed by the members present.

 

Resolved: That Councillor Jeffery take the Chair for the meeting of the Investment Committee

32.

Apologies for Absence

Minutes:

Apologies for absence were received from Roger Marsh and Councillor Jonathan Pryor.

33.

Declarations of Disclosable Pecuniary Interests

Minutes:

There were no pecuniary interests declared by members at the meeting.

34.

Exempt Information - Possible Exclusion of the Press and Public

 

1.         To highlight Appendix 1 to Agenda Item 7, Appendix 1 to Agenda Item 8 and Appendices 1, 2 and 3 to Agenda Item 9 which officers have identified as containing exempt information within the meaning of Schedule 12A to the Local Government Act 1972, and where officers consider that the public interest in maintaining the exemption outweighs the public interest in disclosing the information, for the reasons outlined in the report. 

 

2.         To consider whether or not to accept the officers’ recommendation in respect of the above information as set out in paragraph 4.1 of Agenda Item 7, 4.1 of Agenda Item 8, and 4.1 of Agenda Item 9.

 

2.         If the recommendation is accepted, to formally pass the following resolution:-

 

RESOLVED – That in accordance with paragraph 3 of Part 1 of Schedule 12A to the Local Government Act 1972, the public be excluded from the meeting during consideration of Appendix 1 to Agenda Item 7, Appendix 1 to Agenda Item 8 and Appendices 1, 2 and 3 to Agenda Item 9 on the grounds that it is likely, in view of the nature of the business to be transacted or the nature of the proceedings, that if members of the press and public were present there would be disclosure to them of exempt information and that in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

 

Minutes:

Resolved: That in accordance with paragraph 3 of Part 1 of Schedule 12A to the Local Government Act 1972, the public be excluded from the meeting during consideration of Appendix 1 to Agenda Item 7, Appendix 1 to Agenda Item 8 and Appendices 1, 2 and 3 to Agenda Item 9 on the grounds that it is likely, in view of the nature of the business to be transacted or the nature of the proceedings, that if members of the press and public were present there would be disclosure to them of exempt information and that in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

35.

Minutes of the Meeting of the West Yorkshire and York Investment Committee held on 7 November pdf icon PDF 122 KB

Minutes:

Resolved: That the minutes of the West Yorkshire and York Investment Committee held on the 7 November be approved.

36.

Capital Programme Update pdf icon PDF 105 KB

Additional documents:

Minutes:

Members considered a report which provided an update on the progress made on the West Yorkshire Combined Authority’s capital programme.

 

Members noted the positive outcome from the independent evaluation of the growth deal undertaken by SQW as well as the next steps.

 

Resolved: That the progress report on the Growth Deal and the update on the Independent Evaluation of the Growth Deal Programme be noted.

37.

Capital Spending and Project Approvals pdf icon PDF 358 KB

Additional documents:

Decision:

(i)        That in respect of the Bradford Interchange Carriageway Works the  Investment Committee recommends to the Combined Authority:

 

(a)   That the Bradford Interchange Carriageway Works proceeds through decision point 2 and work commences on Activity 4 (full business case)

 

(b)   That an indicative approval to the total project value of £2 million is given from the Local Transport Plan - Integrated Transport Block with full approval to spend being granted once the scheme has progressed through the Assurance Process to Decision Point 5.

 

(c)    That development costs of £461,400 are approved in order to progress the scheme to Decision Point 5.

 

(d)   That the Combined Authority enter into a Funding Agreement with City of Bradford Metropolitan District Council for expenditure up to £300,000.

 

(e)   That future approvals are made in accordance with the assurance pathway and approval route outlined in this report including at decision point 6 through a delegation to the 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 ERDF Connecting Innovation project the Investment Committee recommends to the Combined Authority:

 

             (a)       That the ERDF Connecting Innovation project proceeds through decision point 2 and work commences on Activity 5 (full business case plus)

 

             (b)       That an indicative approval of £2,779,846 is given, comprised of £750,961 from the Access to Capital Grants element of the Local Growth Fund and £2,028,885 from the European Regional Development Fund, with full approval to spend being granted once the scheme has progressed through the Assurance Process to Decision Point 5. The total project costs are £4,057,771 million, with Small Medium Enterprise match funding of £1,277,925 million.

 

             (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.

(iii)      That in respect of the Leeds Public Transport Improvement Programme Leeds Bus Station Gateway project the Investment Committee recommends to the Combined Authority that:

             (a)       That the Leeds Public Transport Improvement Programme Leeds Bus Station Gateway project proceeds through decision point 3 (outline business case) and work commences on activity 5 (full business case with finalised costs)

             (b)       That an indicative approval to the total project value of £4.984 million is given from the Leeds Public Transport Investment Programme fund 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 development costs of £350,000 are approved in order to progress the scheme to Decision Point 5.

             (d)       That the Combined Authority enters into a variation to the Funding Agreement with Leeds City Council for release of expenditure of £350,000 from the LPTIP Fund for further  ...  view the full decision text for item 37.

Minutes:

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:

 

·       Bradford Interchange Carriage Works

·       Connecting Innovation

·       Leeds Bus Station Gateway

·       A58 Beckett Street & York Street

·       Bradford Shipley Route Improvement

·       Infirmary Street Gateway

·       Wakefield South East Gateway – Rutland Mill

·       A660 Holt Lane

·       Leeds PIPES District Heating Network

 

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

 

·       Headrow City Centre Gateway

 

Resolved:

 

(i)          That in respect of the Bradford Interchange Carriageway Works the  Investment Committee recommends to the Combined Authority:

 

(a)    That the Bradford Interchange Carriageway Works proceeds through decision point 2 and work commences on Activity 4 (full business case)

 

(b)    That an indicative approval to the total project value of £2 million is given from the Local Transport Plan - Integrated Transport Block with full approval to spend being granted once the scheme has progressed through the Assurance Process to Decision Point 5.

 

(c)     That development costs of £461,400 are approved in order to progress the scheme to Decision Point 5.

 

(d)    That the Combined Authority enter into a Funding Agreement with City of Bradford Metropolitan District Council for expenditure up to £300,000.

 

(e)    That future approvals are made in accordance with the assurance pathway and approval route outlined in this report including at decision point 6 through a delegation to the 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 ERDF Connecting Innovation project the Investment Committee recommends to the Combined Authority:

 

(a)        That the ERDF Connecting Innovation project proceeds through decision point 2 and work commences on Activity 5 (full business case plus)

 

(b)        That an indicative approval of £2,779,846 is given, comprised of £750,961 from the Access to Capital Grants element of the Local Growth Fund and £2,028,885 from the European Regional Development Fund, with full approval to spend being granted once the scheme has progressed through the Assurance Process to Decision Point 5. The total project costs are £4,057,771 million, with Small Medium Enterprise match funding of £1,277,925 million

 

(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.

(iii)       That in respect of the Leeds Public Transport Improvement Programme Leeds Bus Station Gateway project the  ...  view the full minutes text for item 37.

37a

Wakefield South East Gateway - Rutland Mills

Minutes:

Resolved: That in respect of the Wakefield City Centre, South East Gateway – Rutland Mill the Investment Committee using the delegated authority from the Combined Authority Board approved:

(a)       That the Wakefield City Centre, South East Gateway – Rutland Mill proceeds through decision point 4 and work commences on activity 5 (full business case with finalised costs).

(b)       That an indicative approval to the Combined Authority’s capped contribution of £2.89 million to the Rutland Mill scheme to be funded from the Local Growth Fund programme is given towards a total scheme cost of £20.57 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 decision point 5 (full business case with finalised costs) is conditional upon the Wakefield Council providing a finalised development contract which demonstrates that if 100% of the floor space isn’t developed by December 2022, Wakefield can step in to buy back at 70% market value.

(d)       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.

 

38.

Leeds City College, Quarry Hill - Project Update pdf icon PDF 101 KB

Additional documents:

Decision:

Resolved:

 

(i)            That the update on the current status of the Leeds City College Quarry Hill Skills Capital Project be noted.

 

(ii)          That Investment Committee agreed the recommendations as set out in 3.1 to 3.8 in exempt appendix 1 to the submitted report including option 1 at 3.2, option 5 at 3.3, option 7 at 3.4 and option 9 at 3.6.

 

 

 

Minutes:

The Committee considered a report which provided an update on the status of the Leeds City College Quarry Hill Skills Capital Project. Exempt appendix 1 to the submitted report outlined a number of possible option for discussion.

 

Resolved:

 

(i)              That the update on the current status of the Leeds City College Quarry Hill Skills Capital Project be noted.

 

(ii)             That Investment Committee agreed the recommendations as set out in 3.1 to 3.8 in exempt appendix 1 to the submitted report including recommending to the Combined Authority option 1 at 3.2, option 5 at 3.3, option 7 at 3.4 and option 9 at 3.6.

39.

Future Funding Arrangements - Loans pdf icon PDF 248 KB

Additional documents:

Minutes:

Members considered a report which provided an update on the proposed future approach to business finance and investment management. The draft investment strategy was attached at exempt appendix 1 to the submitted report.

 

Members noted that the finalised version would be brought back to the Committee for endorsement in early 2020.

 

Resolved: That the report and the draft investment strategy be noted.

40.

ESIF SUD pdf icon PDF 118 KB

Additional documents:

Decision:

Resolved: That the Investment Committee recommend to the Combined Authority the two outline applications for SUD, part of the ESIF Programme.

Minutes:

Councillor Scullion wished to declare an interest regarding the application contained in Exempt Appendix 2 as she resided in the area which would potentially benefit from the proposals set out in the application.

 

The Committee considered a report on two outline applications for Sustainable Urban Development (SUD), part of the European Structural and Investment Funds (ESIF) and provided advice regarding the applications to the Combined Authority in its role as the Intermediate Body.

 

Resolved: That the Investment Committee recommend to the Combined Authority the two outline applications for SUD, part of the ESIF Programme.

41.

Minutes of the Business Investment Panel held on 7 November 2019 pdf icon PDF 115 KB

Minutes:

Resolved: That the minutes of the Business Investment Panel held on the 7 November be noted.