48 UK Central Parallel Process - Roundabout Over-Trace - Full Business Case
Presented By: Councillor Ian Courts
Decision:
Funding of £19.945m was approved for the proposed Roundabout Over-Trace project required to ensure that the huge economic potential of the Arden Cross
HS2 Interchange Station site and the NEC, which formed part of the wider growth plans for the UK Central Hub area, was realised.
[NB. Councillor Bob Sleigh declared a personal interest in respect of the fact that he was a Solihull councillor, the site of the project was within the ward he represented and he was a director of the UK Central Urban Growth Company. Councillor Karen Grinsell declared a personal interest in respect of the fact she was a Solihull councillor.]
Minutes:
The board considered a report from David Lawlor, UK Central Delivery Manager at Solihull Metropolitan Borough Council, seeking approval to secure funding to proceed with infrastructure upgrades that would build upon those delivered in association with HS2 to maximise the commercial benefits from Arden Cross and the NEC that would arise with the introduction of high speed rail to the region.
HS2 Ltd was proposing to construct a three-lane roundabout to carry the A452 over the new HS2 track and the roundabout would form an access point to the HS2 car parks and the Arden Cross site, which itself was a key part of the UK Central Hub development area. The WMCA was being asked to fund £19.945m of the £66.508m total cost of the scheme, thereby providing access to HS2 and growth within the UK Central Hub area.
Resolved:
Funding of £19.945m be approved for the proposed Roundabout Over-Trace project required to ensure that the huge economic potential of the Arden Cross HS2 Interchange Station site and the NEC, which formed part of the wider growth plans for the UK Central Hub area, was realised.
[NB. Councillor Bob Sleigh declared a personal interest in respect of the fact that he was a Solihull councillor, the site of the project was within the ward he represented and he was a director of the UK Central Urban Growth Company. Councillor Karen Grinsell declared a personal interest in respect of the fact she was a Solihull councillor.]