PADESWOOD RAIL ENHANCEMENT PROJECT - OUTLINE BUSINESS CASE
David
Mathews, Land and Property Programme Manager, to present the report.
Decision:
To approve
the Outline Business Case for Padeswood subject to
the Welsh Government and UK Government's approval of the assurance process
undertaken, and the Transport for Wales Council addressing the matters noted
during the discussion, and request that a Full Business Case is prepared for
the Sub-committee to consider.
To
authorise the Portfolio Director in consultation with the Chair, the
Vice-chair, Section 151 Officer and Monitoring Officer to agree on draft terms
in accordance with this report as a basis for the final funding arrangements
for the project subject to Full Business Case approval.
To confirm
that the approval from the Sub-committee is valid for a period of six months
and should the project not secure planning permission and proceed to an
approved Full Business Case during this period, it will be required to return
and re-submit the business case to the Sub-committee for approval.