Issue - meetings

The Cabinet considered a report of the Director of Environment and Transport concerning the LTP3 Hinckley Area Project Zone 4 - Proposed Transport Improvements. A copy of the report, marked “11” is filed with these minutes.

Members noted the comments of the Environment and Transport Overview and Scrutiny Committee, a copy of which is filed with these minutes.

Mr. Pain CC said that whilst it was regrettable that further funding had not been made available for the Hinckley Area Project – Zone 4 under the Government’s Single Local Growth Fund, £12 million had already been invested into the Project to deliver works as part of Zones 1 – 3, which equated to a considerable part of the Council’s budget.

RESOLVED:

(a)       That the comments of the Environment and Transport Overview and Scrutiny Committee be noted;

(b)       That the outcome of the LLEP’s Growth Deal 3 bid to the Government’s Single Local Growth Fund submitted in July 2016 which did not secure funding for the Hinckley Area Project Zone 4, and the effect of this on the proposed package of works previously considered by the Cabinet in September 2016 be noted;

(c)        That the outcome of the stakeholder consultation on the prioritisation of schemes to be included within Zone 4 of the Hinckley Area Project in light of the significantly reduced funding available be noted;

(d)       That the revised list of schemes for Zone 4 of the Hinckley Area Project, detailed in Appendix D attached to the report, for implementation in 2017/18 using the remaining £800,000 of the LLEP’s 2014 successful Single Local Growth Fund bid, be approved.

(KEY DECISION)

REASON FOR DECISION:

In order for a revised number of Zone 4 works of the Hinckley Area Project to commence using the significantly reduced funding available as a result of the Council failing to secure funding through the LLEP Growth Deal 3 bid.