Agenda item

Capital Spending and Project Approvals

(Member lead: Cllr P Box, Director: Melanie Corcoran)

Decision:

Resolved: In respect of CRUVL (New Bolton Woods) – LEP Loan 318 –

 

  That following a recommendation from the Investment Committee the Combined Authority approves:

 

(a)       That the LEP Loan 318 project proceeds through decision point 2 and work commences on activity 5 (full business case with finalised costs).

 

(b)       That an indicative approval to the total loan value of £346,000 is given from the Growing Places 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 future approvals are made in accordance with the approval pathway and approval route outlined in the submitted 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 the submitted report.

Minutes:

The Combined Authority considered a report of the Director of Delivery on the progression and funding for the following schemes through the Combined Authority’s assurance process:

 

·         Clean Bus Technology Fund (CBTF)

·         Canal Road Urban Village Ltd (CRUVL) (New Bolton Woods) – LEP Loan 318

·         A629 Halifax Road improvement phase 5

·         Beech Hill, Halifax

 

Details of the four schemes were provided in the submitted report and it was noted that these had been considered and recommended by the Investment Committee for approval.

 

In respect of the Clean Bus Technology Fund, it was noted that the project will provide £4.756 million to fund clean technology on approximately 25% of the existing bus fleet within West Yorkshire.  Comment was made that any opportunities to broaden the geography of the project across the city region should be considered as this could improve the quality of the bid.

 

Members welcomed the presentation of the information provided in the report which had been revised following comments made at the previous meeting. 

 

Resolved:

 

(i)         In respect of the Clean Bus Technology Fund (CBTF) –

 

            That following a recommendation from the Investment Committee, the Combined Authority approves:

 

(a)       That the CBTF project proceeds through decision point 2 and work commences on activity 5 full business case with costs alongside preparation and commencement of the grant allocation process.

 

(b)       That an indicative approval to the total project value of £4.756 million (this includes the Combined Authority, Leeds City Council (LCC) grant awards and operator match funding) is given from the DEFRA Clean Bus Technology Fund awarded to the Combined Authority and Leeds City Council 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 Combined Authority project development and delivery expenditure of £120,000 funded by the DEFRA grant is approved in order to progress the scheme to decision point 5 full business case, before being reimbursed from the scheme’s private sector match funding.

 

(d)       That the Combined Authority enters into an agreement with Leeds City Council (LCC) for the Combined Authority to receive and manage on LCC’s behalf their CBTF funding award (£1.371 million) from the CBTF fund.

 

(e)       That future approvals are made in accordance with the approval pathway and approval route outlined in the submitted 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 the submitted report.

 

(ii)        In respect of CRUVL (New Bolton Woods) – LEP Loan 318 –

 

      That following a recommendation from the Investment Committee the Combined Authority approves:

 

(a)       That the LEP Loan 318 project proceeds through decision point 2 and work commences on activity 5 (full business case with finalised costs).

 

(b)       That an indicative approval to the total loan value of £346,000 is given from the Growing Places 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 future approvals are made in accordance with the approval pathway and approval route outlined in the submitted 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 the submitted report.

 

(iii)       In respect of A629 Halifax Road improvement, phase 5 –

 

That following a recommendation from the Investment Committee the Combined Authority approves:

 

(a)       That the WYTF (Transport Fund) A629 Halifax Road Phase 5 project proceeds through decision point 3 and work commences on activity 4 (full business case).

 

            (b)       That an indicative approval to the total project value of

£12.09 million is given from the Transport 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 £4.113 million are approved in order to progress the scheme to decision point 4 (full business case), taking the total project approval to £4.418 million and that an addendum to the funding agreement with Kirklees Council for the additional £4.113 million is entered into.

 

(d)       That future approvals are made in accordance with the approval pathway and approval route outlined in the submitted report including at decision point 4 (full business case) through Investment Committee and Combined Authority and at decision point 5 (full business case with finalised costs) 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 the submitted report.

 

(iv)       In respect of Beech Hill –

 

            That following a recommendation from the Investment Committee the Combined Authority approves:

 

(a)       That the Beech Hill project proceeds through decision point 4 and work commences on activity 5 (full business case with finalised costs).

 

(b)       That conditional approval to the total project value of £5.4 million is given (which includes a £1.4 million contribution from the Combined Authority’s Growth Deal 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 future approvals are made in accordance with the approval pathway and approval route outlined in the submitted report to include 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 the submitted report.

Supporting documents: