Resolved: That in respect of the British Library for the North (Temple Works), the Combined Authority approves:
(i) That the British
Library for the North (Temple Works) scheme proceeds through
decision point 2 (strategic outline case) and work commences on
activity 3 (outline business case).
(ii) That an indicative
approval of £25 million (to be funded through the Combined
Authority’s devolution deal) is given. The total forecast
scheme value is £69.810 million.
(iii) That approval of
£5.35 million development costs to progress the scheme to
decision point 3 (outline business case).
(iv)
That the Combined Authority enters into a funding agreement with
Leeds City Council for expenditure of up to £5 million from
the Combined Authority’s devolution deal.
(v) That future approvals are made in accordance with the assurance pathway and approval route outlined in the submitted report. This will be subject to the scheme remaining within the tolerances outlined in the report.