Resolved:
That the Combined Authority
approves that:
a)
the Gainshare Capacity Funding
scheme proceeds through decision point 2 to 4 (business
justification) and work commences on activity 5
(delivery).
b)
approval to the total scheme
value of £11,400,000 is given, allocated as detailed in
Appendix 4 of the submitted report.
c)
the Combined Authority enters into a Funding
Agreement with each of the councils for expenditure of up to
£1,890,000.
d)
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
Finance, Resources and Corporate Committee. This will be subject to
the scheme remaining within the tolerances outlined in the
submitted report.