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.
Minutes:
The report
was presented by David Mathews, Land and Property Programme Manager.
RESOLVED
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 be 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.
REASONS FOR THE DECISION
To seek the Sub-committee’s approval of the OBC for the Padeswood Rail Enhancement Project.
It was noted that the Outline Business Case was being submitted to the
Sub-committee on 5 December so that Transport for Wales can secure the funding
for the Project.
DISCUSSION
The Report
was discussed.