Decision details
Access York Phase 1 Best & Final Bid submission
Decision Maker: Executive
Decision status: Decision Made
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Purpose of report: Summary of best and final
bid submission to DfT including details of level of local
contribution to the scheme.
Members are asked to: Approve the Best and Final submission for the
Access York Phase 1 Scheme to the DfT on 9 September.
Decision:
RESOLVED: (i) That Staffing & Urgency Committee be recommended to approve:
a) The progression of Option 2b (Askham Bar & Poppleton Bar), with approx. 30% local contribution.
b) The funding approach identified in Option 2b in Table 1 in Annex 2.
c) The allocation of £3.305m from within the Council’s existing capital programme.
d) An increased allocation of LTP grant funding (up to £0.7m) to the scheme as part of the local contribution, with the expectation that additional developer contributions will be used when received.
e) The use of £2.2m from the New Homes Bonus and / or prudential borrowing, with the actual split to be determined at a later date, with a commitment to fund any shortfall in funding prudential borrowing, and to meet any consequent revenue implications that arise.
f) The use of the £350k value of the Sim Hills tip site as part of the Council’s contribution.
(ii) That Staffing & Urgency Committee be recommended to note:
a) the additional risk to the Council, such as funding all cost over-runs, which result from the changes to the DfT funding processes and
b) the increase revenue risk from operating additional Park & Ride services.
REASON: To maximise the likelihood of a successful bud for funds from the DfT.
(iii) That Cabinet record its commitment to achieve the future development of the Clifton Moor site for Park & Ride, separately from the Access York bid process.
REASON: In view of the importance of this site.
Report author: Tony Clarke
Publication date: 07/09/2011
Date of decision: 06/09/2011
Decided at meeting: 06/09/2011 - Executive
Effective from: 10/09/2011
Accompanying Documents: