Agenda item

That Cabinet:

1.      Approved an increase to Bristol’s Economic Development Fund allocation to MetroWest Phase 2 of £1.894m subject to a report being brought back Cabinet to provide an update on the latest EDF profile that highlights funding that has been released to enable this work to be fully funded.

2.      Noted the additional funding of £1.894m is to be released from the £17.5m that Cabinet previously agreed to be held in abeyance towards the Temple Island (TI) enabling project.

3.      Authorised the Executive Director of Growth & Regeneration, in consultation with the Cabinet Member for Transport to take all steps required to approve the final scheme design and deliver the approved scheme and associated landscaping based on the draft scheme designs set out in Appendices A1 and A2.

4.      Authorised the Executive Director of Growth & Regeneration, in consultation with the Cabinet Member for Transport and the Director of Legal and Democratic Services to take all steps required to agree and enter into a grant agreement and spend the funding (including procuring and awarding contracts over the key decision threshold) to deliver the approved scheme and associated landscaping as outlined in this report.

5.      Noted the progress on the MetroWest Phase 2 programme including the revised costs and programme, updated design information and changes to governance as outlined in this report.