Issue - meetings

Local Highway Maintenance Challenge Fund and Local Pinch Point Fund

Meeting: 03/10/2019 - Cabinet (Item 5)

5 Local Highway Maintenance Challenge Fund and Local Pinch Point Fund pdf icon PDF 232 KB

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Minutes:

Cabinet considered a report requesting approval of the proposed bid and expression of interest to the Department for Transport's Local Highway Maintenance Challenge Fund Local Highway Maintenance Challenge Fund. The report also set out the local contributions that would be required should the submissions be successful, as well as details about the Department for Transport's Local Pinch Point Fund.

 

Resolved: That

 

  i.  a bid be submitted to the Local Highway Maintenance Challenge Fund totalling £3.96m for the repair of retaining walls. 

  ii.  an Expression of Interest be submitted to the Local Highway Maintenance Challenge Fund totalling £9.245m.

  iii.  proposals relating to the Local Pinch Point Fund be presented to Cabinet for approval in due course.

 

And that, subject to the success of (i) and (ii) above, that:

  iv.  a local contribution totalling £0.792m be funded by additional prudential borrowing for the retaining wall programme of works.

  v.  a local contribution totalling £1.850m be funded by additional prudential borrowing for the A601(M) proposals detailed in the report.

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