Decision details

To receive an update and note progress on i54 and to take decisions relating to the western extension of i54

Councillor John Reynolds presented the report on the current position of i54, the resulting outcomes and economic benefits along with the Junction 2 activities including i54 western extension.

Resolved:

1.     That Council be recommended to approve recommendation i below:

a)          That a project called Western Extension be established to continue feasibility and design development work with a total budget of £2.5 million.

b)          That the proposed funding strategy principles being developed with Staffordshire County Council and South Staffordshire Council for bringing forward Western Extension be supported.

c)          That authority be delegated to the Cabinet Members for City Economy, City Asset and Resources in consultation with the Strategic Director of Place and Director of Finance to agree terms with Severn Trent Water for the acquisition of their portion of the Western Extension,

d)          That the progress made in delivering the i54 project to date be noted.

e)          That the outputs realised through the investment made in i54 including the work which underpins the Councils commitment to equalities be noted.

f)            That the desired economic, financial and commercial outcomes for Western Extension as agreed with South Staffordshire Council (SSC) and Staffordshire County Council (SCC) be noted.

g)          That the current position of discussions with Severn Trent and the proposed actions be noted.

h)   That it be noted a further report would be presented to update and seek further approvals to the funding and delivery strategy for the development of the site including a revised joint venture agreement with Staffordshire County Council and South Staffordshire Council.

i)            That it be noted that the Capital budget quarter two monitoring 2016/17 report to Council would seek approval to an additional £1.5 million to support the i54 western extension project.

j)            That it be noted that the Capital budget quarter two monitoring 2016/17 report elsewhere on the agenda would seek approval of virements of £1 million to the i54 western extension project subject to Council approving additional resources referred to in recommendation I above.