On 20th March 2018 Cabinet approved the
progression to Funding Agreement stage and the subsequent
acceptance of £750,000 SCRIF funding (subject to the
negotiation of acceptable terms and conditions with the grant
sponsor and Network Rail) in relation to the Doncaster Urban Centre
Waterfront West project. Cabinet also delegated the agreement of
the terms and conditions of the funding agreements to the Director
of Regeneration and Environment in consultation with the Mayor and
Chief Financial Officer.
Doncaster Council, Sheffield City Region (SCR) and Network Rail
have now concluded detailed negotiation on the respective funding
agreements and the Council is now
satisfied that this ODR records the decision to accept and sign-off
the agreements.
The SCRIF funding is to be used for the refurbishment scheme to the
Friar’s Gate Bridge and the main project output is the
delivery of an upgraded Bridge by March 2019. This will unlock the
development of new accommodation and depot facilities by Network
Rail at their Marshgate site. The outcomes of this redevelopment
will be the safeguarding of 600 jobs in the rail sector in addition
to 60 jobs in the local construction sector. The £9m
investment by Network Rail will generate a net GVA uplift of
£21.29m for the City Region.
Box
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 12/07/2018
Decision due: 13 Jun 2018 by Assistant Director of Development
Contact: Simon Rhodes, Project Manager Email: simon.rhodes@doncaster.gov.uk.