Decision details

The Holmfirth Town Centre Access Plan is a scheme funded by the West Yorkshire plus Transport Fund (WY+TF) and is included in Phase 1 of the Corridor Improvement Programme (CIP).

This report requests the endorsement to submit the scheme Full Business Case (FBC) to the West Yorkshire Combined Authority (WYCA) and subject to approval of the FBC by WYCA, Authorise scheme delivery and acceptance of further grant funding from WYCA.

RESOLVED –

1)    That Option 4, as set out in Appendices 4 and 5, be endorsed.

2)    That the final business case be submitted to West Yorkshire Combined Authority and that, subject to approval, be progressed to the delivery of the scheme.

3)    That £5,173,821 grant funding from West Yorkshire Combined Authority be accepted.

4)    That approval be given to the Council Capital Plan contribution, funded from Council borrowing of £2,300,000.

5)    That approval be given to a spending tolerance of circa 15% (£1,129,130) of forecast cost (£7,473,821) to be funded through the Council’s capital plan.

6)    That authority be delegated to the Strategic Director (Growth and Regeneration) to make decisions to enable the delivery of the scheme.

7)    That authority be delegated to the Service Director (Legal, Governance and Commissioning) to enter into any instrument required to be executed to facilitate the delivery of the scheme.