Issue - meetings

Maritime Corridor Scheme Phase 1 - Receipt of Capital Funding

 

 

Meeting: 14/11/2024 - Council (Item 59)

59 Maritime Corridor Scheme Phase 1 - Receipt of Capital Funding pdf icon PDF 344 KB

Report of the Assistant Director - Highways and Public Protection

Minutes:

Further to Minute No. 52 of the meeting of the Cabinet of 3 October 2024, the Council considered the report of the Assistant Director of Highways and Public Protection indicating that schemes over £1m in value required Council approval and the necessary funding needed to be included within the Council’s Capital Programme. The first Phase of the Maritime Corridor Scheme was expected to cost approximately £12.3m. Subject to approval from the Liverpool City Region Combined Authority, a Grant Funding Agreement would be received for this amount.

 

It was moved by Councillor Veidman, seconded by Councillor Atkinson and

 

RESOLVED:

 

That a supplementary capital estimate for £12.303m externally funded using the Levelling Up Fund and City Region Sustainable Transport Settlement from the Liverpool City Region Combined Authority (LCRCA) for the delivery of Maritime Corridor Phase 1 scheme pending the receipt and sealing of a grant funding agreement from the LCRCA, be approved.

 

Meeting: 03/10/2024 - Cabinet (Item 52)

52 Maritime Corridor Scheme Phase 1 - Receipt of Capital Funding pdf icon PDF 344 KB

Report of the Assistant Director - Highways and Public Protection

Minutes:

The Cabinet considered the report of the Assistant Director of Highways and Public Protection indicating that schemes over £1m in value required Council approval and the necessary funding needed to be included within the Council’s Capital Programme. The first Phase of the Maritime Corridor Scheme was expected to cost approximately £12.3m. Subject to approval from the Liverpool City Region Combined Authority, a Grant Funding Agreement would be received for this amount.

 

Decisions Made:

 

That

 

(1)        the Council be recommended to approve a supplementary capital estimate for £12.303m externally funded using the Levelling Up Fund and City Region Sustainable Transport Settlement from the Liverpool City Region Combined Authority (LCRCA) for the delivery of Maritime Corridor Phase 1 scheme pending the receipt and sealing of a grant funding agreement from the LCRCA; and

 

(2)      the delivery of the first Phase of the Maritime Corridor Phase 1 scheme be approved.

 

Reasons for the Decisions:

 

By approving the recommendations the Council would be able to include the funding in the Capital Programme and let the contract for the delivery of the Maritime Corridor Phase 1 Works.

 

Alternative Options Considered and Rejected:

 

No alternative options have been considered.