Issue - meetings

RESOLVED:

1.         That retrospective approval to submit a Business case for  Staines STP (Phases 1A and 1B) (EM3 LEP) be approved.

2.         That a business case for Leatherhead STP, subject to local contribution being made available be submitted.

Reasons for Decisions:

Transport infrastructure schemes are a key element of the Strategic Economic Plan (SEPs), submitted by the Local Enterprise Partnerships (LEPs) to Government in March 2014, which sets out how they will support the economic development and regeneration of their areas. The proposed schemes will deliver a range of benefits to Surrey’s residents including reduced congestion; improved journey time reliability; improved network resilience and safety and improved access for cyclists, pedestrians and buses, as well as enabling economic development and regeneration.

Under the funding arrangements, delivery bodies are required to provide a local contribution for the schemes, to reflect the local benefits that will be provided.

For the Leatherhead STP project, Mole Valley District Council is extremely supportive of the proposed scheme, and is committed to doing all it can to  identify local match funding.

[The decision on this item may be called in by the Economic Prosperity, Environment and Highways Scrutiny Board]

Improving transport infrastructure was a key part of the Council’s strategic goal of economic prosperity.

The Cabinet Member for Highways, Transport and Flooding said that approval was sought to retrospectively submit a business case to the EM3 Local Enterprise Partnership for Staines STP (Phases 1A and 1B) (EM3 LEP), and approval was also sought to submit a business case to the C2C Local Enterprise Partnership for Greater Leatherhead STP (C2C LEP), as additional schemes for the 2016/17 Strategic Economic Plan (SEP) programme of EM3 and C2C Local Enterprise Partnerships (LEPs).

He said that partner investment was required, that the Council had been in discussions with the relevant Borough and District Councils to secure local contributions and it was a requirement that the County Council confirmed that the specified local financial contribution was available when it submitted the business cases.

Finally, he confirmed that Surrey County Council’s direct contribution to these schemes was nil.

RESOLVED:

1.         That retrospective approval to submit a Business case for  Staines STP (Phases 1A and 1B) (EM3 LEP) be approved.

2.         That a business case for Leatherhead STP, subject to local contribution being made available be submitted.

Reasons for Decisions:

Transport infrastructure schemes are a key element of the Strategic Economic Plan (SEPs), submitted by the Local Enterprise Partnerships (LEPs) to Government in March 2014, which sets out how they will support the economic development and regeneration of their areas. The proposed schemes will deliver a range of benefits to Surrey’s residents including reduced congestion; improved journey time reliability; improved network resilience and safety and improved access for cyclists, pedestrians and buses, as well as enabling economic development and regeneration.

Under the funding arrangements, delivery bodies are required to provide a local contribution for the schemes, to reflect the local benefits that will be provided.

For the Leatherhead STP project, Mole Valley District Council is extremely supportive of the proposed scheme, and is committed to doing all it can to  identify local match funding.