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RESOLVED:
1.   
That Cabinet delegates the approval of a budget
envelope of [E-10-23] from the
SIP pipeline, in the event that it is required, for the delivery of
the project to the Executive Director – Environment,
Transport and Infrastructure and Cabinet Member for Transport,
Infrastructure and Growth following approval by Capital Programme
Panel.
 
Reasons for Decisions:
 
·        
The recommendations will enable the continued
delivery of the project which once constructed will provide additional capacity improvements to local junctions
and links within the local highway network and in doing so help
unlock much-needed additional housing.
 
·        
The [E-10-23]
budget envelope would be the funding of last resort,
and should additional funding be required Surrey County Council
would firstly utilise developer s106 monies as they become
available. The County Council have been in discussion with
Runnymede Borough Council and are aware of potential S106 funds,
but which have yet to be secured.
 

(The decisions on this item can be called- in by the
Communities, Environment and Highways Select Committee)