Presentation is loading. Please wait.

Presentation is loading. Please wait.

Presentation to LEP Performance and Investment Committee 16 May 2018

Similar presentations


Presentation on theme: "Presentation to LEP Performance and Investment Committee 16 May 2018"— Presentation transcript:

1 Presentation to LEP Performance and Investment Committee 16 May 2018
Congleton Link Road Presentation to LEP Performance and Investment Committee 16 May 2018

2 Planning Application Approved without challenge 28 July 2016
83% % of respondents are in favour of the scheme.  Public demand for A34 Extension;  Local network concerns around rat running or increased traffic;  Non-Motorised Users (pedestrians, cyclists, horse riders); and  Environmental Mitigation.

3 Land Compulsory Purchase. Secretary of State Approval – March 2018
83% % of respondents are in favour of the scheme.  Public demand for A34 Extension;  Local network concerns around rat running or increased traffic;  Non-Motorised Users (pedestrians, cyclists, horse riders); and  Environmental Mitigation.

4 Local Support Almost 100% of all Business responses are supportive of the scheme – including: Over 90% of the public support the scheme (March 2015 consultation)

5 Scheme Benefits Essential for full delivery of CEC Local Plan
Improved Air Quality Reduced town centre noise and severance Reduced Journey times and traffic Improved strategic links to key economic centres – linking High Growth City to the Science Corridor. Provides only highway access to c11Ha employment land providing c800 new jobs Provides only physical access to c575 new homes Unlocks an additional c800 new homes allocated in the Local Plan – without which cannot be built due to traffic and Air Quality restrictions

6 Masterplan developed to shape linked development
.

7 Funding Position * Includes Council expenditure to date of c£9m
Tender’s for the Construction of the Scheme returned on 23 February 2018 The Estimated outturn cost of the scheme is £89.6M. This figure includes: Sunk costs to date Land and Compensation costs The tendered cost of the scheme Future fees Utility diversions Allowance for future risks. * Includes Council expenditure to date of c£9m CEC FUNDING* 23.8M LGF FUNDING 45.0M Developer Income# 20.8M # CEC Cabinet decision to forward fund and appoint Preferred Contractor 12 June 2018

8 Business Case Benefits
Economic Assessment Undertaken to DfT Standards (WebTag) Cost Benefit Ratio for the Scheme of 2.5 Wider Economic Benefits Assessed as £3.9M Final updates to economics' now underway for mid June DfT submission

9 Next Steps End of High Court Challenge period to CPO decision
Event Dates End of High Court Challenge period to CPO decision 18 May 2018 Submit Final Business Case to the DfT and provide to the LEP (Information only) 25 June 2018 Start Date of Contract (Initial works only) 16 July 2018 Assumed Date of DfT Final Business Case Award 14 September 2018 Issue Notice to exercise CPO Powers 17 September 2018 Site Access Date 17 December 2018 Opening of Back Lane (East) - Target 17 May 2019 Opening of whole scheme September 2020 CPO and procurement process not shown.

10 LEP Support Letter of Endorsement for the Scheme Critical to support Final Business Case Submission in June 2018 CPO and procurement process not shown.


Download ppt "Presentation to LEP Performance and Investment Committee 16 May 2018"

Similar presentations


Ads by Google