Decision details

Decision Maker: Investment Board

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

1.    The revisions to the WMCA Board approved Strategic Outline Case made in 2024 by WMCA under delegated powers, as detailed in section 10 of the report be noted;

2.    The West Midlands Combined Authority enter into a Grant Agreement with Coventry City Council for Coventry Very Light Rail (CVLR) Stage Gate 2 for £6.85m be approved;

3.    The total value of Grant Agreements to be entered into between WMCA and Coventry City Council would not exceed the total value of funding that DfT have approved for release be noted;

4.     Delegated authority be granted to the Executive Director of Transport for the West Midlands (TfWM), in agreement with the Section 73/151 Officer and Monitoring Officer to authorise the release of future CVLR allocations, subject to appropriate agreement/consent from the Independent Review Panel and Department for Transport (DfT) be approved and

5.    The WMCA can enter into a grant agreement with Coventry City Council for Coventry very Light Rail as appropriate once the delegation above has been exercised and the DfT have released funding in line with the Strategic Outline Case be agreed.

Publication date: 23/07/2024

Date of decision: 22/07/2024

Decided at meeting: 22/07/2024 - Investment Board

Accompanying Documents: