Decision details

Corby Town Centre to Station Link (Oakley Road) and Smart and Connected Corby combined Summary Business Case Document

Decision Maker: Executive Director - Finance & Performance

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

RESOLVED:

 

KEY DECISION

 

That the Executive:

 

a)       Delegated to the Executive Director of Finance, in consultation with the Executive Director of Place & Economy, and Executive Member for Growth & Regeneration authority to prepare and submit the Business Case Summary Document to DLUHC for;

 

·       Corby Town Centre to StationLink (Oakley Road); and

·       Smart & Connected Corby  

 

b)       Approved the drawdown of funding for these projects once released by the DLUHC.

 

 

Reasons for Recommendations –

 

·         The submitted Business Case Summary Document, if approved by DLUHC will unlock the funding for these projects to the sum of £8.9m.

·         Once funds are received, each project can commence. It is estimated these projects will commence their next stage in September 2022.

 

Alternative Options Considered - The only alternative option would be to not submit the Business Case Summary Document and therefore not to drawdown the remaining funding of £8.9m (less the 5%, approx. £445k already received from DLUHC). The consequences of this would mean that the Corby Town Centre to Station Link (Oakley Road) and Smart & Connected Corby projects could not be delivered. These projects are deliverable projects which benefits Corby and the surrounding area. The link road project proposes to provide improvements to this road from the train station, past Tresham College to the town centre encouraging active travel. The sensor network aims to provide valuable data to build a picture of pedestrian and cyclist use to develop future schemes in the area. This option is, therefore, not a viable alternative to consider.

 

Publication date: 19/05/2022

Date of decision: 19/05/2022

Decided at meeting: 19/05/2022 - Executive

Effective from: 28/05/2022

Accompanying Documents: