Decision details

To consider the report of the Cabinet Member for Environment and Transport seeking agreement to the creation of a Local Transport Body, including its membership that will be in accordance with the Government’s assurance framework.

The Government have set out proposals to devolve major scheme transport funding to a local level.  This requires local areas to set up a Local Transport Body (LTB).  The LTB role is to allocate funding of around £7m per annum to the best performing transport projects in the South Hampshire area.

(i)  That Cabinet approves the LTB Joint Agreement attached in Appendix 1:

(ii)  That Cabinet delegates to the Monitoring Officer authority to fine tune the agreement before submission to the Department of Transport(DfT).

In order that the LTB can meet the requirements of the DfT Assurance Framework for a LTB for the Solent LEP Area.

Do nothing - This has been rejected as if a LTB is not established, the Solent LEP Area will not be able to secure any local major transport scheme funding.