Issue - decisions

Leeds City Centre Package (Armley Gyratory) – plus package funding update

25/06/2020 - Leeds City Centre Package (Armley Gyratory) – plus package funding update

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

(a)       That the Armley Gyratory scheme proceeds through decision point 3 and work commences on activity 4 (FBC).

(b)       That the scope of the Leeds City Centre Package is extended to include works required to the A64 Regent Street Bridge and the detail and future approvals delegated to the Combined Authority’s Managing Director following a recommendation by the Combined Authority’s Programme Appraisal Team.

(c)      That an indicative approval to the total project value of £40.5 million is given from the WY+TF fund with full approval to spend being granted once the scheme has progressed through the assurance process to decision point 5 (FBC with finalised costs).

(d)      That development costs of £5.08 million are approved in order to progress the scheme to decision point 5 (FBC with finalised costs), taking the total project approval to £5.08 million.

(e)      That the Combined Authority enters into a funding agreement with Leeds City Council for expenditure of up to £5.08 million from the WY+TF fund.

(f)      That future approvals are made in accordance with the assurance pathway and approval route outlined in the submitted report including at decision point 4 and 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 report.