Issue - meetings

Report of the Cabinet Member for Environment and Transport seeking approval for funding for the North of Central Station project, attached.

The report of the Cabinet Member for Environment and Transport was submitted seeking approval for funding for the North of Central Station project (copy of report circulated with agenda and appended to signed minutes).

RESOLVED

(i)  That the creation of the new scheme “North of Station Quarter” with a total budget of £2.288m within the Environment and Transport Capital Programme, by means of the following capital variations and additions be approved:

(a)  The transfer of £100,000 from the scheme “North of Station Advance Design”, funded by Local Transport Plan (LTP) government grant, to the new scheme “North of Station Quarter”;

(b)  The transfer of £425,000 from the scheme “LSTF Southampton Central Station”, funded by Local Sustainable Transport Fund (LSTF) government grant, to the new scheme “North of Station Quarter”;

(c)  The transfer of £167,000 from the scheme “Civic Centre Place”, funded by Strategic Transport Contributions, to the new scheme “North of Station Quarter”;

(d)  The transfer of £790,000 from the scheme “City Centre Improvements”, funded by Strategic Transport Contributions, to the new scheme “North of Station Quarter”;

(e)  The addition of £720,000 of LTP government grant (2014/15 confirmed allocation) to fund the new scheme, “North of Station Quarter”;

(f)  The addition of £86,000 of Partnership for Urban South Hampshire (PUSH) grant to fund the new scheme “North of Station Quarter”; and

(ii)   That in accordance with Financial Procedure Rules, capital

expenditure of £2.288m for the delivery of the new scheme “North of Station Quarter”, phased £1.568m in 2013/14 and £0.720m in 2014/15 be approved.

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, attached.

DECISION MADE: (Ref: CAB 13/14 10798)

On consideration of the report of the Cabinet Member forEnvironment and Transport, Cabinet agreed the following:

(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.