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Details
Title:
FIVE WAYS AND SPRING HILL PROJECT COST UPDATE
Include item on Forward Plan/ Key Decision
No
Urgent Decision - Not in Forward Plan
No
Implementation Date (not before meeting on)
Thu 21 Jul 2016
Purpose
To update on the overall costs for the Spring Hill and Five Ways Metro Complementary Highway Schemes and the variances to the Full Business Case approved costs.
To seek approval to the increase in costs and the necessary funding in accordance with the Gateway and Related Financial Framework.
To seek approval to enter into a funding agreement with the Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) Enterprise Zone.
Key Portfolio
OLD - Development, Transport and the Economy
Decision Maker
Cabinet Member and Chief Officer
Chief Officer Decision Maker
1 Diamond
Decision Maker:
Cabinet Member
Decision Outcome
On the 21 July 2016 the Cabinet Member for Transport and Roads jointly with the Strategic Director for Economy: -
1. Noted the additional cost incurred of £305,465 on the Spring Hill Metro Complementary Highway Scheme and approved the funding of these costs as set out in the financial implications of this report;
2. Noted the additional costs incurred of £167,076 on the Five Ways Metro Complementary Highway Scheme and approved the funding of these costs as set out in the financial implications of this report;
3. Authorised the Assistant Director, Transportation and Connectivity to enter into a funding agreement and accept £400,000 funding from GBSLEP Enterprise Zone (EZ);
4. Approved the allocation of additional ITB funding of £122,541 from the Local Sustainable Transport Fund Project; and
5. Authorised the Interim City Solicitor to negotiate, execute and complete all necessary agreements and documentation to give effect to the above recommendations.
NOTE: CALL IN ENDS TUESDAY 26 JULY 2016 AT 1600 HOURS.
Is the Decision Maker Aware of the Decision:
No
Is the Head of Services Aware of the Decision:
No
Is Decision County Wide:
No
Would the recommended decision be contrary to the budget and policy framework:
No
Additional Information
Decision Criteria
This Decision does not contain any decision criteria records.
Topics
This Decision does not contain any Topic records
Overview and Scrutiny
Economy, Skills and Transport Overview and Scrutiny Committee
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Decision History
| 20/07/2016 16:39:24 | Dave Arnold | Business Item Created | |
| 20/07/2016 16:39:24 | Dave Arnold | Committee Added | Joint Cabinet Member and Chief Officer |
| 20/07/2016 16:39:24 | Dave Arnold | Meeting Added | |
| 20/07/2016 16:39:25 | Dave Arnold | OS Committee Added | Economy, Skills and Transport Overview and Scrutiny Committee |
| 20/07/2016 16:40:02 | Dave Arnold | Ward Added | Ladywood |
| 20/07/2016 16:41:14 | Dave Arnold | Contacts Edited | |
| 20/07/2016 16:45:06 | Dave Arnold | Report Added | Document ID 105991: Five Ways and Spring Hill Project Cost Update |
| 21/07/2016 11:55:40 | Dave Arnold | Status Changed | Decision Proposed [2] |
| 21/07/2016 11:55:51 | Dave Arnold | General Details Edited | |
| 21/07/2016 14:41:47 | Errol Wilson | General Details Edited | |
Approval/Comments
No history found.