Decision details

Resolved:

(1)  That the programme business case be approved.

(2)  That the amendments to the Year 1 and Year 2 spend profiles following the conclusion of negotiations with the Ministry of Housing, Communities & Local Government be approved.

(3)  That the Programme Business Case for the investment zone, and specifically the allocation of £5.150m for capacity in administration (£2.350m) and planning (£2.8m) from within the overall £65million funding envelope, be approved.

(4)  It be noted that the programme business case accurately reflected the overall West Midlands Investment Zone proposition approved by WMCA Board on 14 June 2024 and the allocation of capacity funding.

(5)  The sums and projects for capital funding outlined in the programme business case be approved, subject to appropriate business cases passing through the Single Assurance Framework process.

(6)  The sums and projects for revenue funding, as outlined in the programme business case, be approved, subject to appropriate business cases passing through the Single Assurance Framework.