Resolved: That in respect of the TCF Network Navigation, the
Combined Authority approves:
(i) That the TCF Network
Navigation project proceeds through decision point 3 (outline
business case) and work commences on activity 4 (full business
case).
(ii) That an indicative
approval to the total project value of £15.500 million,
comprising of £15.200 million from the Transforming Cities
Fund, and £0.300 million from Local Transport Plan Integrated
Transport Block, is given.
(iii) That development costs of
£0.200 million are approved to progress the scheme to
decision point 4 (full business case) taking the total scheme
approval to £0.360 million.
(iv) 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.