Issue - meetings

A report was submitted which provided an update on the recent announcements for devolved funding to support infrastructure projects in the SCR and outlined the projects that would be brought to future Infrastructure Board meetings for decision.

The Board was informed that on 30^th June 2020, the Government launched ‘A New Deal for Britain’ which was a key part of the Government’s strategy for economic recovery following Covid-19.

As part of the strategy, £33.6m of capital funding had been allocated to the SCR MCA for supporting immediately deliverable infrastructure schemes.

The £33.6m was funded from the Government’s ‘Getting Building Fund’ and had been allocated for a prioritised programme of major capital infrastructure schemes that were ‘shovel ready’, along with a further £40m from the Government’s ‘Brownfield Housing Fund’ for a programme of housing schemes on brownfield sites over the next 5 years.

The prioritised list of schemes agreed with Government were set out at Appendix 1 to the report, the schemes that were shaded were the nine schemes that were under the remit of the Infrastructure Board.

Members noted that all schemes were progressing straight to the Full Business Case with a view to completion as soon as possible, ready for approval.  This was important if the 18-month delivery timescale was to be met.

RESOLVED – That the report be noted.