On 9 February
2021, Cabinet:-
(i) Approved
the Annual Programme Update (APU) provided as Appendix A to the report at a
total estimated capital cost of £237.601m, including Annexes A to G setting out
major schemes, programme governance and prioritisation criteria, as an update
to the Transportation and Highways Capital Programme 2020/21 to 2025/26
approved by Cabinet in February 2020 at a total estimated capital cost of
£256.211m;
(ii) Approved,
subject to the City Council’s Gateway and Related Financial Approval Framework
(GRFAF), confirmation of 2021/22 funding and pursuant to the delegations set
out in recommendations (vi) to (xi):
(a) An estimated allocation of £5.145m in
2021/22 of new ITB funding provided through the WMCA devolved transport grant
process, to named projects.
(b) The release of ITB development funding of
£1.802m to progress named projects to Outline Business Case (OBC) and Full
Business Case (FBC) stage;
(iii) Noted
that approved prudential borrowing (PB) detailed in Appendix B to the report and
associated PB financing will be formally committed at project FBC stage in
accordance with the City Council’s GRFAF, with new resources and windfalls used
to offset the requirement for borrowing wherever possible;
(iv) Delegated
authority to the Cabinet Member for Transport and Environment to approve
revisions to the programme, should the final confirmed ITB allocation for
2021/22 fall significantly short, such that the impact cannot be contained
within the overall THCP resources;
(v) Delegated
approval of all OBCs, FBCs and related reports including revised financial
appraisals for named projects and programmes detailed in Appendix A (Annex F)
of this report to the Acting Director, Inclusive Growth in conjunction with the
Interim Chief Finance Officer and in consultation with the relevant portfolio
holder, up to a maximum value of £2.000m;
(vi) Delegated
approval of all OBCs, FBCs and related reports including revised financial
appraisals for named projects and programmes detailed in Appendix A (Annex F)
to a report of Acting Director, Inclusive Growth and Interim Chief Finance
officer to the relevant portfolio holder, up to a maximum value of £10.000m;
(vii) Delegated
authority to bid for and accept external capital and revenue resources in line
with City Council priorities and consistent with the policies and objectives of
the West Midlands Strategic Transport Plan, Birmingham Development Plan,
Emergency Birmingham Travel Plan and emerging draft Birmingham Transport Plan to
the Acting Director, Inclusive Growth, in conjunction with the Interim Chief
Finance Officer, and in consultation with the relevant portfolio holder, up to
a maximum value of £2.000m;
(viii) Delegated
authority to bid for and accept external capital and revenue resources in line
with City Council priorities and consistent with the policies and objectives of
the West Midlands Strategic Transport Plan, Birmingham Development Plan,
Emergency Birmingham Travel Plan, and emerging draft Birmingham Transport Plan
to a report of Acting Director, Inclusive Growth and Interim Chief Finance
officer to the relevant portfolio holder, up to a maximum value of £10.000m;
(ix) Delegated
authority to approve virement of funding between named projects within Annex F
of the Transport and Highways Capital Programme, to Assistant Director
Transport and Connectivity, for values below £0.500m, in line with City Council
policies and objectives, and the City Council GRFAF;
(x) Delegated
authority to approve virement of funding between named projects within Annex F
of the Transport and Highways Capital Programme, to Assistant Director
Transport and Connectivity, in conjunction with the Interim Chief Finance
Officer, and in consultation with the relevant portfolio holder, for values
from £0.500m up to a maximum value of £1.000m, in line with City Council
policies and objectives, and the City Council Gateway Approval Framework;
(xi) Approved
a virement of £1.200m from residual Birmingham Cycle Revolution ITB resource held within the Council’s
Cycling and Walking sub-programme of the THCP to the Bristol Road Downgrading
project to provide a local match funding contribution to support the provision
of new and improved cycle facilities on Bristol Road in Selly Oak, as outlined
in Annex G, noting that this is an eligible use of the existing resources and
that the Bristol Road project is subject to FBC approval;
(xii) Authorised
the City Solicitor to negotiate, execute and complete any necessary legal
documentation to give effect to the above recommendations.
THE
DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY 15 FEBRUARY 2021.