Issue details

A14 Cambridge to Huntingdon Improvements - KEY/14NOV14/02

 

 

The Cabinet Member was recommended to: approve the funding contribution of £1.5m to the Highways Agency for the A14 improvement scheme, the payment to take place as equal payments of £60,000 a year for 25 years.

 

The A14 forms part of the strategic road network and the free movement of people and goods is essential to the economy of both the wider region and Peterborough. This report seeks approval of the Cabinet Member to contribute towards the cost of the Highways Agency’s £1.5m A14 Huntingdon to Cambridge improvement scheme, as part of the A14 Consortium. The payment would be £60,000 a year for 25 years, with the first payment taking place upon opening of the scheme in 2020, with subsequent payments taking place on the 30th January thereafter. This would be funded through future Community Infrastructure Levy (CIL) income.

 

Decision type: Key

Reason Key: Expenditure or savings greater than £500,000;

Decision status: Recommendations Approved

Notice of proposed decision first published: 17/10/2014

Decision due: Not before 15th Dec 2014 by Leader of the Council and Cabinet Member for Growth, Strategic Planning, Housing, Economic Development and Business Engagement

Lead member: Leader of the Council and Cabinet Member for Growth, Strategic Planning, Housing, Economic Development and Business Engagement

Lead director: Executive Director Place and Economy

Department: Place and Economy

Contact: James Harrison, Transport Planning Officer Email: james.harrison@peterborough.gov.uk Tel: 01733 317483.

Consultation process

Relevant internal and external stakeholders.

Relevant Scrutiny Committee: Sustainable Growth and Environment Capital

Meeting Open to Public: n/a

Decisions

Documents