Resolved: That following a recommendation from the Investment Committee, the Combined Authority approves:
(i) That the MCA Digital project proceeds through decision point 2 and work commences on activity 5 (full business case with finalised costs).
(ii) That an indicative approval to the total project value of £1.97 million is given, to be funded by the Combined Authority from borrowing or the use of capital receipts 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).
(iii) That development costs of £0.156 million are approved in order to progress the scheme to decision point 5 (full business case with finalised costs).
(iv) That future approvals are made in accordance with the assurance pathway and approval route outlined in the submitted report, which will be subject to the scheme remaining within the tolerances outlined in the report.