Decision - Valley Gardens Phase 3 - (Royal Pavilion to Seafront) Approval of Business Case

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Valley Gardens Phase 3 - (Royal Pavilion to Seafront) Approval of Business Case

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Decision Maker: Environment, Transport & Sustainability Committee

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

Recommendation to Approve the prepared Outline Business Case to be submitted to C2C LEP Board meeting for funding decision. £6m Local Growth Fund (LGF). Board meeting January 2019. Outline Business Case will be appended to this report. The project area takes in the highway and public /green space across the Old Steine and the Palace Pier roundabout area. The final section/phase of the planning and design of an integrated sustainable transport corridor in a historic and iconic location.

Decision:

1) That the Committee approves the draft Business Case for Valley Gardens Phase 3, as attached at Appendix 2.

2) That the Committee grants delegated authority to the Executive Director for Economy, Environment & Culture to:-

a) finalise and submit the Business Case for Valley Gardens Phase 3 to the Coast to Capital Local Enterprise Partnership Board; and

b) negotiate and sign the Business Case Funding Agreement, subject to the Local Enterprise Partnership Board’s decision to approve the release of the Local Growth Fund allocation.

Report author: Oliver Spratley

Publication date: 28/11/2018

Date of decision: 27/11/2018

Decided at meeting: 27/11/2018 - Environment, Transport & Sustainability Committee

Accompanying Documents: