Purpose

To seek approval
of the Outline Business Case (OBC) for the Bristol Avon Flood
Strategy and submit for  assurance
review.

To seek approval to bid for, accept and spend funding to progress
the development of detailed designs, Full Business Case (FBC) and
consents.

Content

That Cabinet:

1.     
Approved the Outline Business Case and notes and approves its
submission to the Environment Agency for its assurance review.

2.     
Noted the capital cost for delivery (in 2028 present value terms)
of Phase 1 construction is estimated at £255m, of which
approximately £251m (also in 2028 present value terms) of
funding through Defra’s Flood Defence Grant in Aid,
WECA’s Economic Development Fund, council reserves and
Community Infrastructure Levy is identified in principle.

3.     
Authorised the Executive Director for Growth and Regeneration, in
consultation with the S151 Officer and the Cabinet Member for
Finance, Governance and Performance, to apply for and enter into
agreements or contracts to spend grant funding of £2.2m Local
Levy raised by the Wessex Regional Flood and Coastal Committee in
support of the delivery of the Full Business Case and supporting
activities.

4.     
Authorised the Executive Director for Growth and Regeneration, in
consultation with the S151 Officer and the Cabinet Member for
Finance, Governance and Performance, to apply for and enter into
agreements or contracts to spend funding of up to £10m from
the West of England Combined Authority, in support of the delivery
of the Full Business Case and supporting activities.

5.     
Authorised the Executive Director for Growth and Regeneration, in
consultation with the S151 Officer and the Cabinet Member for
Finance, Governance and Performance, to enter into agreements or
contracts to spend the council’s capital reserves (as
previously allocated to the delivery of the strategy) in support of
the delivery of the Full Business Case and supporting
activities.