Decision Details

Implemented

Updated Transportation and Highways Capital Funding Strategy 2015/16 to 2020/21 Programme Definition Document

No

001504/2016

No

Report of the Strategic Director for Economy

Tue 16 Feb 2016

Social Justice, Community, Safety, and Equalities

Cabinet

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Committee

Cabinet

Cabinet on 16 February 2016:- (i) Approved the Programme Definition Document provided as Appendix A (including annexes A to H setting out schemes, programme governance and prioritisation criteria) to this report at a total estimated cost of £253.916m; (ii) Approved firm allocations of £5.159m in 2015/16 and 2016/17, and estimated allocations of £5.159m per annum for the period 2017/18 to 2020/21 of new ITB funding provided through the LTCS process; (iii) Noted the alignment of the THCFS with the Council’s proposed Capital Expenditure Programme (CEP) for 2016/17 to 2018/19, as shown in Appendix B to this report; (iv) Approved the release of development funding for 2015/16 (£0.905m) and 2016/17 (£1.120m) to progress individual projects to Project Definition Document (PDD) and FBC stage in accordance with the Council’s GRFAF; (v) Approved the match funding strategy detailed in this report to enable the Council to meet its local contribution commitments relating to DfT major schemes and the LGF, LSTF and CCAG programmes and notes the requirement to fund (potentially from prudential borrowing) an estimated £16.611m from 2020/21 relating to the Tame Valley Viaduct and Dudley Road major projects; (vi) Approved an additional preparatory costs application to the Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) for £0.510m to support development activities associated with the Ashted Circus, Battery Way, Iron Lane and Birmingham Sustainable Urban Extension projects and grant acceptance is delegated to the Council’s Section 151 Officer. These sums remain within the overall LGF allocations for each project, but will enable the early drawdown of resources to meet the costs of preparatory activities; (vii) Approved the use of net surplus income from the Council’s Bus Lane Enforcement operation to meet local funding contribution commitments relating to the LGF programme, as set out in this report, noting a forecast operating surplus of £3.964m at 31 March 2016; (viii) Authorised the City Solicitor to negotiate, execute and complete any necessary legal documentation to give effect to the above recommendations. Members noted that the abbreviation ‘PDD’ in the report and Appendix A to the report referred in this case to Programme Definition Document, instead of its common usage to refer to a Project Definition Document. It was noted also that Appendix A to the report should show the milestone for Approval of the PDD as February 2016, not February 2015. THE DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY, 22 FEBRUARY 2016.

No

No

No

No