Agenda item

To receive a report from the Chief Strategy Officer, which invites Executive to consider whether to progress with the Full Business Case (FBC), subject to further funding from the Combined Authority Energy Generation Accelerator Programme (EGAP).

Resolved (unanimously): That Executive accepts the Outline Business Case and approves progression to the next stage, development of a Full Business Case, subject to funding from the Mayoral Combined Authority (MCA).

Reason: The Outline Business Case has provided sufficient confidence that there is a viable project to create financial and environmental benefits from a landfill site which is underutilised. The risk and financial impact to City of York Council in further exploring the business case and progressing to Full Business Case is very low. Progress is subject to external funding for the Council and Executive are not asked to authorise any funding from City of York Council at this stage.

The Chief Strategy Officer submitted a report which invited Executive to consider whether to progress with the Full Business Case (FBC), subject to further funding from the Combined Authority Energy Generation Accelerator Programme (EGAP).

The following information was appended to the report:

·       Annex A: Outline Business Case

Outline Business Case Appendices:

·       Appendix A: Annex A_HW Baseline Report

·       Appendix B: HW Baseline and Options Review

·       Appendix C: HW Financial Models and Cashflow

·       Appendix D: HW Financial Models and Sensitivity

·       Appendix E: HW Strategic Outline Case

·       Appendix F: HW Risk Summary

·       Appendix G: (EXEMPT) HW Preliminary Title Review

·       Appendix H: HW Supplementary Technical Details

·       Appendix I: Ground Investigation Interim Summary

·       Annex B: Equalities Impact Assessment.

Claire Foale, Chief Strategy Officer, presented the report.

The key areas of discussion were as follows:

·       One member highlighted the need to ensure that there was a suitable opportunity for scrutiny to consider this development, particularly given its complex nature.

·       The Executive Member thanked officers for ensuring a careful and considered approach to this area of work. That it was an important development, particularly given some of the global uncertainty that existed in relation to energy sources.

·       The Leader of the Council concluded by emphasising the positive impact on the Council’s net zero ambitions whilst ensuring affordable energy.

Resolved (unanimously): That Executive accepts the Outline Business Case and approves progression to the next stage, development of a Full Business Case, subject to funding from the Mayoral Combined Authority (MCA).

Reason: The Outline Business Case has provided sufficient confidence that there is a viable project to create financial and environmental benefits from a landfill site which is underutilised. The risk and financial impact to City of York Council in further exploring the business case and progressing to Full Business Case is very low. Progress is subject to external funding for the Council and Executive are not asked to authorise any funding from City of York Council at this stage.