Purpose

A Cabinet decision approved construction of
the Ashton Vale Temple Meads (AVTM) metrobus scheme, including the
purchase of land via a Compulsory Purchase Order, in October
2014.
This was followed by an Officer Executive Decision in March 2020
that confirmed the total land purchase cost would be no more than
£1,381,522.
Since this time, £660,191 has been spent with a further
£395,562 forecast to be spent in the remainder of the current
financial year (a total of £1,055,753).
Although this amount is less than that for which approval remains
extant, it was thought prudent to refresh an approval given more
than five years ago.

Content

The Executive Director Growth and Regeneration
notes the former approval of spending up to £1,381,522 on
land for the AVTM metrobus scheme.
The Executive Director Growth and Regeneration approves spend of
£395,562 on land purchase in the rest of this year, taking
the total to £1,055,753 since the previous decision.