Purpose

This IEDN seeks approval to create a
supplementary capital budget totalling £750,000 comprising
grant funding from the West Midlands Combined Authority to enable
the delivery of the Green Innovation Corridor Six Mile Green
project within the West Midlands Investment Zone.

Content

1.    
Approves the creation of supplementary capital budget of
£750,000 (financed in full by the awarded grant) to progress
the delivery of the Green Innovation Corridor, Six Mile Green
project within the West Midlands Investment Zone, subject to a
signed grant agreement.
2.    
Approves any necessary agreements to give effect to the above
recommendations.