On 28
June 2022, Cabinet:-
(i) Approved, the
submission of five draft Levelling Up Fund capital bids totalling
£82.264million to deliver the schemes listed in paragraphs 3.20 to 3.37 of the
report, which are due for submission to the Government by 6 July 2022;
(ii) delegated to the
Strategic Director Place, Prosperity and Sustainability finalisation of the LUF
bids in order to submit by the 6 July 2022 deadline, so long as financial
values are within 10% of those within this report and the outputs of each scheme
are not substantively different to those listed;
(iii) in the event of
successful bids, delegated authority to the Director of Council Management to
accept the LUF grant to deliver the relevant scheme(s) listed in paragraphs
3.20 to 3.37 of the report and enter into the relevant funding agreement,
subject to the final terms and conditions being acceptable;
(iv) in the event of
successful bids, delegated approval of Outline Business Cases (OBC’s) and Full
Business Cases (FBC’s), including revised financial appraisals, for the LUF
Tranche 2 projects detailed in paragraphs 3.20 to 3.37 of the report, to the
Strategic Director of Place, Prosperity & Sustainability, and the Director
of Council Management with the relevant portfolio holder(s);
(v) in the event of successful
bids, approved additional prudential borrowing (PB) of up to £6.542 million
detailed in section 7.3 of the report as the City Council’s match funding for
Page 3 of 23 the LUF bids however, delegated to the Director of Council
Management the ability to optimise sources of match-funding dependent on
availability, subject to approval of OBCs and/or FBCs for the individual
schemes as part of the City Council’s governance process;
(vi) subject to approval and
acceptance of the LUF funding, approved the Council acting as the accountable
body for the National Centre for Decarbonisation of Heat and Edgbaston Stadium
and Community Masterplan, which is being delivered by the University of
Birmingham and Warwickshire County Cricket Club (WCCC) respectively;
(vii) subject to approval and
acceptance of the LUF funding, approved the Council entering into Conditions of
Grant Aid (CoGA) agreements with the following organisations to deliver
elements of the Erdington High Street scheme:
* St Barnabas’ Church,
Erdington
* Witton Lodge
Community Association;
(viii) authorised the Acting
City Solicitor to take all necessary steps to carry out preparatory work for
three potential Compulsory Purchase Orders (CPO) in respect of the land
identified in exempt Appendix C including the appointment of land referencers,
prior to authority being sought for the making and progressing of CPOs;
(ix) authorised the Assistant
Director of Property to negotiate the acquisition of all interests in land
outlined on the plans in exempt Appendix C (which shows the maximum anticipated
extent) in advance of, and alongside, the making of potential CPO’s and where
appropriate, to pay statutory home loss, basic loss and negotiate disturbance
compensation to all qualifying owners and tenants;
(x) authorised the Acting
City Solicitor to negotiate, execute, seal and complete all necessary
documentation to give effect to the above recommendations.
THE
DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY 4 JULY 2022.