Purpose

Acceptance of TCR 2025_27 Pre-development grant funding from LCRCA

Decision

For the reasons set out in this report, the Corporate Director has decided to:

1. Accept revenue grant funding of £5,024,946.87 from the LCRCA; and
2. Enter into the associated Grant Funding Agreement with the LCRCA to receive the funds.

Alternative options considered

Do minimum: reducing the scope of the activities and delivering reduced outputs would limit the number of people that would be targeted in encouraging them to walk, cycle or use public transport.  Therefore, this option was discounted.

Do nothing: this option does not align with the council’s goals of delivering a well-connected, sustainable and accessible city reducing car use and promoting active travel.  The TCR fund will support a range of activities that the council would not be able to fund otherwise.  Therefore, this option was discounted.