Decision Details

Implemented

Digbeth Public Realm Improvements Full Business Case

No

No

No

008906/2021

No

Report of Acting Director Inclusive Growth.

 

Old CMIS Reference 005491/2018

Tue 18 May 2021

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Committee

Cabinet

On 18 May 2021, Cabinet:- (i) Approved the Full Business Case for the Digbeth Public Realm Scheme (attached at Appendix 1 to the report) at a total estimated capital cost of £16.512m, resourced from £16.240m Greater Birmingham and Solihull Local Enterprise Partnership Enterprise Zone funding, (including £0.792m of previously approved development funding) and £0.272m section 106 contributions; (ii) Accepted a capital grant from the GBSLEP for up to £15.448m to deliver the Digbeth Public Realm scheme and delegates authority to the Acting Director of Inclusive Growth to enter into a Funding Agreement, subject to the terms and conditions set out in the offer letter being acceptable to the Council; (iii) Approved, in its role as Accountable Body for the GBSLEP, the City Council Prudential Borrowing of up to £15.448m to fund the delivery of the Digbeth Public Realm scheme; (iv) Under Standing Order Part D2.5, approved the commencement of single contractor negotiations by the Head of Curzon and Enterprise Zone with the West Midlands Combined Authority (WMCA) who are responsible for the delivery of the Midland Metro, for the value of up to £15.720m to undertake the full design and delivery of public realm enhancements, subject to the following conditions; funding is to; • produce detailed design to discharge the Transport and Works Act (TWAO) landscape condition; • construct the agreed design within the capped grant as per the GBSLEP FBC and Funding Agreement; (v) Delegated the authority to award the contract for the full design and delivery of the public realm enhancements following the successful completion of the negotiations to the Acting Director, Inclusive Growth, the Assistant Director, Development and Commercial (or their delegate), the Interim Chief Finance Officer (or their delegate) and the City Solicitor (or their delegate); (vi) Noted that following implementation of the scheme, the City Council will be responsible for the ongoing maintenance of the highway, public realm and new areas of planting and that the works result in an estimated net annual saving to the Council of £0.004m. Further details are shown within Section 7.3 to the report; (vii) Authorised the City Solicitor to negotiate, execute, seal and complete all necessary documents in connection with the above decisions. THE DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY 24 MAY 2021.

No