Purpose

The decision sought is to:

i.  Approve the injection of £561,000 of development funds from the Transforming Cities Fund (TCF) into Leeds City Council’s (LCC) Capital Programme. The injection of these funds will enable further work to progress on the detailed design and Full Business Case tasks;

ii.  Give approval to spend the additional development funding of £561,000;

iii.  Agree to a Deed of Variation being signed and sealed by LCC to amend the existing funding agreement with WYCA to cover the additional development funding (taking the total approval to £1,956,000).

Decision

The Chief Officer, Highways and Transportation:

a)  approved the injection of an additional £2.3m from the Transforming Cities Fund (TCF) into Leeds City Council’s (LCC) Capital Programme, following approval of the OBC by WYCA on 16/11/2023; increasing the total budget allocation to £4.98m;

b)  gave approval to spend the additional development funding of £561,000 to enable further work to progress on the detailed design and FBC tasks;

c)  gave approval to enter into a Deed of Variation (DoV), to amend the existing funding agreement with WYCA, to cover the additional development funding (£561,000).