Purpose

The Deed of Variation to the
Grant fund agreement is required to allow funding to be received by
Kirklees from WYMCA for quarters 2, 3 & 4 of 2023/24 plus
quarters 1 to 4 of 2024/25 (£1,273,750) as per the Strategic
Outline Case collaboratively produced by the 5 local
Authorities.
 
It also includes the change
request approval for Traffic Signals Obsolesce Grant award of
£72,619.12.
 
The total figure for
DoV including all
of the above is £1,346,369.12 as per Appendix B, New
Schedule 3 – Budget & Funding Profile (Refer to Cabinet
Report 9/7/24)
 
Background
 
 
Cabinet Key
Decision
 
Key Decision previously made
in July 2024 when Strategic Director Environment and Climate in
consultation with Portfolio Holder for Highways approved the
funding income and scheme list as part of a delegated decision on
the 2024/25 Highways Capital Plan.
 
The Key Decision, and
approval for income, spend and the scheme list for 2024/25 was made
at Cabinet on 9th July 2024.
 

Content

Grant Fund Agreement signed
– approval to draw down yr 2 Q2, Q3 and Q4 funding and yr 3
Q1 to Q4 funding.