(i) In respect of Wakefield City Centre Phase 2: Ings Road the Investment Committee approved that:
(a) The Wakefield City Centre Phase 2; Ings Road scheme proceeds through decision point 3 (outline business case) and work commences on activity 4 (full business case).
(b) An indicative approval to the Combined Authority’s contribution of £4.530 million (which will be funded from the West Yorkshire-plus Transport Fund) is given with full approval to spend being granted once the scheme has progressed through the assurance process to decision point 4 (full business case 4). The total scheme value is £4.530 million.
(c) Additional development costs of £0.610 million are approved to progress the scheme up to decision point 4 (full business case), taking the total scheme approval from the West Yorkshire-plus Transport Fund to £0.880 million.
(d) The Combined Authority enters into an addendum to the existing funding agreement with Wakefield City Council for expenditure of up to £0.880 million from the West Yorkshire-plus Transport Fund.
(e) Future approvals are made in accordance with the assurance pathway and approval route outlined in this report. This will be subject to the scheme remaining within the tolerances outlined in this report.