Purpose

Lancashire County Council have delivered Burnley Council's Town to Turf Scheme which has been funded through their Levelling Up Funding. A S278 agreement was put in place to ensure funding payments would be made to the County Council to cover all costs of the scheme. In keeping with the agreement an additional £499,173.55 has been received relating to invoice 5201544873 and needs to be added to Town2Turf project (13412). £300,000 needs to be repaid to borrowing as this was added to the project on a temporary basis.
It is recommended that funding set out is added to the budget and the the £300k is repaid.

Decision

John Davies, Head of Highways Network Management, on behalf of Matt Townsend, Director of Highways and Transport took a decision to approve the recommendation in the report.