Resolved:
That the Combined Authority
approves that:
a)
the CRSTS Capacity Fund scheme proceeds through
decision point 2 to 4 (business justification) and work commences
on activity 5 (delivery).
b)
indicative approval is given to the Combined
Authority’s contribution of £7,400,000. The total
scheme value is £7,400,000.
c)
approval to £2,756,411 for tranche 2 (of 3) is
given, allocated as detailed in Appendix 2 of the submitted report,
bringing the total approval to £5,756,411.
d)
the Combined Authority enters
into a Funding Agreement with each of the councils for expenditure
as detailed in Appendix 2 of the submitted report.
e)
changes to allocations in iii)
and iv) above are delegated to the Senior Responsible Officer
(Interim Director of Policy and Development) of the CRSTS
programme.
f)
future approvals are made in
accordance with the assurance pathway and approval route outlined
in the submitted report and where required, any change requests are
delegated to the Transport Committee. This will be subject to the
scheme remaining within the tolerances outlined in the submitted
report.