Decision

To approve the Outline Business Case for Padeswood subject to the Welsh Government and UK Government's approval of the assurance process undertaken, and the Transport for Wales Council addressing the matters noted during the discussion, and request that a Full Business Case is prepared for the Sub-committee to consider.

To authorise the Portfolio Director in consultation with the Chair, the Vice-chair, Section 151 Officer and Monitoring Officer to agree on draft terms in accordance with this report as a basis for the final funding arrangements for the project subject to Full Business Case approval.

To confirm that the approval from the Sub-committee is valid for a period of six months and should the project not secure planning permission and proceed to an approved Full Business Case during this period, it will be required to return and re-submit the business case to the Sub-committee for approval.