Resolved: That following a recommendation from the Investment Committee, the Combined Authority approves:
(a) That the East Leeds Orbital Route project proceeds through decision point 5 and work commences on activity 6 (delivery).
(b) That approval to the Combined Authority’s contribution of £90.33 million to be funded through the West Yorkshire plus Transport Fund, is given. The total project value is £147.49 million.
(c) That the Combined Authority enters into an addendum to the existing funding agreement with Leeds City Council for additional expenditure of £64.473 million, taking the total approval to £90.33 million.
(d) That future approvals are made in accordance with the assurance pathway and approval route outlined in the submitted report including at decision point 6 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 report.