Decision details

To consider the report of the Cabinet Member for Environment and Transport, seeking approval to add confirmed 2014/15 Local Transport Plan funding to the Environment and Transport Capital Programme and approve for expenditure in 2013/14 to deliver Phase 1 of the North of Central Station.

(i)  Subject to the decision of Council to approve the recommendations set out above, to approve the procurement and delivery of the “North of Station Quarter” capital scheme; and

(ii)  To delegate authority to the Director of Environment and Economy to make decisions necessary to procure and deliver the “North of Station Quarter” scheme within the overall approved budget.

1.  An application for Local Pinch Point funding for the North of the Station project totalling £4.261m (£1.798m in 2013/14 and £2.463m in 2014/15) was unsuccessful. Sufficient funding has been secured through the Local Sustainable Transport Fund and local match funding contributions to deliver Phase 1 of the project.  The purpose of this report is to obtain approval to commence Phase 1 of the works by amalgamating a number of existing and future funding streams into a new scheme titled ”North of Station Quarter”.  This scheme will commence implementation from Autumn 2013.

2.  Financial Procedure Rules require that funding is added to the capital programme and approval to spend is secured to enable the delivery of projects within the Council’s Capital Programme.

Phase 1 of the North of Station Project will be ready for implementation in Autumn 2013.  Bringing forward delivery will maximise the opportunity to secure other funding for further phases of the project in 2014/15 and beyond.  Therefore, the option of delaying the delivery of Phase 1 until 2014/15 has been rejected.