xxxxxxxxxxxxxxxx LTFGD Division Zone 2/15 xxxxxxxxxxxxxxxx Great Minster House Director of Economy & Growth, 33 Horseferry Road London North East Lincolnshire Council SW1P 4DR Municipal Offices Town Hall Square Direct Line: xxxxxxxxxxxxxxxx Grimsby GTN No: xxxxxxxxxxxxxxx North East Lincolnshire [email protected]

DN31 1HU

Web Site: www.dft.gov.uk

13 February 2015

Dear xxxxxxxxxxxxxxx,

A18/A180 Link Road

Following receipt of your Full Approval submission for the above scheme, this letter confirms that Ministers have agreed to grant the scheme Full Approval.

As part of this approval the Department will provide a maximum capped funding contribution of £4.911m towards an estimated total scheme cost of £6.266m. North East Lincolnshire Council is solely responsible for meeting any expenditure over and above this maximum amount.

Funding will be paid as capital grant under Section 31 of the Local Government Act 2003. I will write to your Chief Finance Officer shortly with a formal letter of grant under Section 31 of the Local Government Act 2003.

For the above scheme the Department is prepared to make available the following funding profile:

2014/15 - £2.715m 2015/16 - £2.196m

Every effort should be made to avoid slippage in 2014/15 as the new funding arrangements for funding schemes through the Local Growth Fund will make it very difficult for us to increase our contribution in 2015/16 and beyond. However, if there is any possibility of adjusting profiles to increase spend in 2014/15 (with a corresponding reduction in future years), we would be happy to consider this.

We expect you to keep us closely informed of progress with, and expenditure on, the scheme - the simplest way to deal with this is for you to complete and return the quarterly monitoring reports by the due dates and to keep us informed of other significant developments as soon as they occur.

The Government’s contribution to the scheme should be advertised in any publicity information that you produce. Ministers want to see all major local schemes which have been built or are being built, where a contribution from the Department is being provided, to display the Department for Transport’s corporate logo. A copy of the logo is attached. Please could you use this on any signs and promotional material for the scheme. For your information, the colour on the DfT logo is coded from the Pantone Matching System as PMS 3298. In addition we are looking at how to incorporate positive messages in any publicity for DfT sponsored schemes showing what the disruption will eventually bring - “improved access, new facilities” etc - and would hope you would be able to do this for this scheme.

Please provide written confirmation that your Council agrees to the terms of this letter, including certification from your Section 151 Officer that the Council accepts the above terms.

I look forward to seeing progress in constructing the scheme and to its subsequent completion.

xxxxxxxxxxxxxxxx

xxxxxxxxxxxxxxx LTFGD Division Zone 2/15 xxxxxxxxxxxxxx Great Minster House Network Implementation Manager 33 Horseferry Road London Transport/Highways/Environment SW1P 4DR Division Places Directorate Direct Line: xxxxxxxxxxxxxxxx Solihull Metropolitan Borough Council GTN No: xxxxxxxxxxxxx P.O. Box 19 [email protected]

Council House Solihull B91 3QT Web Site: www.dft.gov.uk

18 August 2014

Dear xxxxxxxxxxxx

A45 SOUTH BRIDGE REPLACEMENT SCHEME – FULL APPROVAL

Following receipt of your Full Approval submission for the above scheme, this letter confirms that Ministers have agreed to grant the scheme Full Approval.

As part of this approval the Department will provide a maximum capped funding contribution of £8.334m towards an estimated total scheme cost of £11.948m. Solihull Metropolitan Borough Council is solely responsible for meeting any expenditure over and above this maximum amount.

Funding will be paid as capital grant under Section 31 of the Local Government Act 2003. We will write to you shortly with a formal letter of grant under Section 31 of the Local Government Act 2003.

As a result of the 2013 Spending Review the DfT funding contribution for local authority major schemes in 2015/16 and beyond will be included within the Local Growth Fund (LGF). From April 2015 all major schemes funding will flow through the LGF. Local Enterprise Partnerships (LEPs) will be granted funding for each specific scheme in their area which has an expenditure ‘tail’. This will be in addition to the confirmed LGF allocations announced in July and any competitive allocations agreed as part of Growth Deals. The provision of ‘tail’ funding will of course be dependent on the approved scheme going ahead.

For the above scheme the Department is prepared to make available the following funding profile:

2014/15 - £2.4m 2015/16 - £5.3m 2016/17 - £0.634m

Every effort should therefore be made to avoid slippage in 2014/15. As explained above, we will not be able to increase our contribution in 2015/16 and beyond if there is any slippage in 2014/15.

We expect you to keep us closely informed of progress with, and expenditure on, the scheme - the simplest way to deal with this is for you to complete and return the quarterly monitoring reports by the due dates and to keep us informed of other significant developments as soon as they occur.

The Government’s contribution to the scheme should be advertised in any publicity information that you produce. Ministers want to see all major local schemes which have been built or are being built, where a contribution from the Department is being provided, to display the Department for Transport’s corporate logo. A copy of the logo is attached. Please could you use this on any signs and promotional material for the scheme. For your information, the colour on the DfT logo is coded from the Pantone Matching System as PMS 3298. In addition we are looking at how to incorporate positive messages in any publicity for DfT sponsored schemes showing what the disruption will eventually bring - “improved access, new facilities” etc - and would hope you would be able to do this for this scheme.

Please provide written confirmation that Solihull Metropolitan Borough Council agrees to the terms of this letter, including certification from your Section 151 Office that the Council accepts the above terms.

I look forward to seeing progress in constructing the scheme and to its subsequent completion.

xxxxxxxxxxxxx

xxxxxxxxxxxxxxxxxx Policy Advisor Department for Transport Zone 2/15 Great Minster House 33 Horseferry Road London xxxxxxxxxxxxxx SW1P 4DR Design Development Manager Direct Line: xxxxxxxxxxxxxxxx Birmingham City Council e-mail: [email protected]

1 Lancaster Circus Web Site: www.dft.gov.uk Queensway Birmingham 24 October 2013 B4 7DJ

Dear xxxxxxxxxxxxx,

A452 Chester Road Improvements - Full Approval

Following receipt of your Full Approval submission for the above scheme, this letter confirms that Ministers have agreed to grant the scheme Full Approval.

As part of this approval the Department will provide a maximum capped funding contribution of £8.328m towards an estimated total scheme cost of £11.703m. Birmingham City Council is solely responsible for meeting any expenditure over and above this maximum amount.

Funding will be paid as capital grant under Section 31 of the Local Government Act 2003. I will write to you shortly with a formal letter of grant under Section 31 of the Local Government Act 2003.

We expect you to keep us closely informed of progress with, and expenditure on, the scheme. The simplest way to do this is for you to complete and return the quarterly monitoring reports by the due dates and to keep us informed of other significant developments as soon as they occur.

The Government’s contribution to the scheme should be advertised in any publicity information that you produce. Ministers want to see all major local schemes which have been built or are being built, where a contribution from the Department is being provided, to display the Department for Transport’s corporate logo. A copy of the logo is attached. May I suggest that this is used on any signs and promotional material for the scheme. For your information, the colour on the DfT logo is coded from the Pantone Matching System as PMS 3298.

Please provide written confirmation that Birmingham City Council agrees to the terms of this letter, including certification from your Section 151 Office that the Council accepts the above terms.

I look forward to seeing progress in constructing the scheme and to its subsequent completion.

Yours sincerely,

xxxxxxxxxxxxxx

xxxxxxxxxxxx LTFGD Division Zone 2/15 xxxxxxxxxx, Great Minster House Programme Manager, 33 Horseferry Road Coventry City Council London SW1P 4DR by e-mail Direct Line: xxxxxxxxxxxxx xxxxxxxxxx GTN No: xxxxxxxxxxxxxxx [email protected]

Web Site: www.dft.gov.uk

3 April 2014 Dear xxxxxxx

Coventry-Nuneaton Rail Improvement Scheme Phase 1

Following receipt of your Full Approval submission for the above scheme, this letter confirms that Ministers have agreed to grant the scheme Full Approval.

As part of this approval the Department will provide a maximum capped funding contribution of £4.75m towards an estimated total scheme cost of £13.633m. Coventry City Council is solely responsible for meeting any expenditure over and above this maximum amount.

Funding will be paid as capital grant under Section 31 of the Local Government Act 2003. We will write to you shortly with a formal letter of grant under Section 31 of the Local Government Act 2003.

As a result of the 2013 Spending Review the DfT funding contribution for local authority major schemes in 2015/16 and beyond will be included within the Local Growth Fund (LGF). From April 2015 all major schemes funding will flow through the LGF. Local Enterprise Partnerships (LEPs) will be granted funding for each specific scheme in their area which has an expenditure ‘tail’. This will be in addition to the confirmed LGF allocations announced in July and any competitive allocations agreed as part of Growth Deals. The provision of ‘tail’ funding will of course be dependent on the approved scheme going ahead.

For the above scheme the Department is prepared to make available the following funding profile:

2014/15 - £4.75m

Every effort should therefore be made to avoid slippage in 2014/15. As explained above, we will not be able to increase our contribution in 2015/16 and beyond if there is any slippage in 2014/15.

We expect you to keep us closely informed of progress with, and expenditure on, the scheme - the simplest way to deal with this is for you to complete and return the quarterly monitoring reports by the due dates and to keep us informed of other significant developments as soon as they occur.

The Government’s contribution to the scheme should be advertised in any publicity information that you produce. Ministers want to see all major local schemes which have been built or are being built, where a contribution from the Department is being provided, to display the Department for Transport’s corporate logo. A copy of the logo is attached. May I suggest that this is used on any signs and promotional material for the scheme. For your information, the colour on the DfT logo is coded from the Pantone Matching System as PMS 3298. In addition we are looking at how to incorporate positive messages in any publicity for DfT sponsored schemes showing what the disruption will eventually bring - “improved access, new facilities” etc - and would hope you would be able to do this for this scheme.

Please provide written confirmation that Coventry City Council agrees to the terms of this letter, including certification from your Section 151 Office that the Council accepts the above terms.

I look forward to seeing progress in constructing the scheme and to its subsequent completion.

xxxxxxxxxxxxxxxxx

xxxxxxxxxxxxx LTFGD Division Zone 2/15 xxxxxxxxxxxxxxx Great Minster House Principal Transportation Officer 33 Horseferry Road Cheshire East Council London SW1P 4DR Floor 6 Delamere House Direct Line: xxxxxxxxxxxxxxxxx Delamere Street GTN No: xxxxxxxxxxxx Crewe [email protected]

CW1 2LL

Web Site: www.dft.gov.uk

30 May 2014

Dear xxxxxxxxxx

Crewe Green Link Road South

Following receipt of your Full Approval submission for the above scheme, this letter confirms that Ministers have agreed to grant the scheme Full Approval.

As part of this approval the Department will provide a maximum capped funding contribution of £15.647m towards an estimated total scheme cost of £26.375m. Cheshire East Council is solely responsible for meeting any expenditure over and above this maximum amount.

Funding will be paid as capital grant under Section 31 of the Local Government Act 2003. We will write to you shortly with a formal letter of grant under Section 31 of the Local Government Act 2003.

As a result of the 2013 Spending Review the DfT funding contribution for local authority major schemes in 2015/16 and beyond will be included within the Local Growth Fund (LGF). From April 2015 all major schemes funding will flow through the LGF. Local Enterprise Partnerships (LEPs) will be granted funding for each specific scheme in their area which has an expenditure ‘tail’. This will be in addition to the confirmed LGF allocations announced in July and any competitive allocations agreed as part of Growth Deals. The provision of ‘tail’ funding will of course be dependent on the approved scheme going ahead.

For the above scheme the Department is prepared to make available the following funding profile:

2014/15 - £12.123m 2015/16 - £3.524m

Every effort should therefore be made to avoid slippage in 2014/15. As explained above, we will not be able to increase our contribution in 2015/16 and beyond if there is any slippage in 2014/15.

We expect you to keep us closely informed of progress with, and expenditure on, the scheme - the simplest way to deal with this is for you to complete and return the quarterly monitoring reports by the due dates and to keep us informed of other significant developments as soon as they occur.

The Government’s contribution to the scheme should be advertised in any publicity information that you produce. Ministers want to see all major local schemes which have been built or are being built, where a contribution from the Department is being provided, to display the Department for Transport’s corporate logo. A copy of the logo is attached. May I suggest that this is used on any signs and promotional material for the scheme. For your information, the colour on the DfT logo is coded from the Pantone Matching System as PMS 3298. In addition we are looking at how to incorporate positive messages in any publicity for DfT sponsored schemes showing what the disruption will eventually bring - “improved access, new facilities” etc - and would hope you would be able to do this for this scheme.

Please provide written confirmation that Cheshire East Council agrees to the terms of this letter, including certification from your Section 151 Office that the Council accepts the above terms.

I look forward to seeing progress in constructing the scheme and to its subsequent completion.

xxxxxxxxxxxxxxx

xxxxxxxxxxxxxxxx Deputy Director Local Transport Funding, Growth & Delivery Division Department for Transport Great Minster House 33 Horseferry Road London SWIP 4DR xxxxxxxxxxx Direct Line: xxxxxxxxxxx Executive Director of Resources Greater London Authority City Hall Web Site: www.dft.gov.uk The Queen’s Walk More London London SE1 2AA 30 March 2015

Dear xxxxxxxxxxxxx,

CROXLEY RAIL LINK - FULL FUNDING APPROVAL Following on from discussions between DfT, Transport for London (TfL), London Underground Limited, the Hertfordshire Local Enterprise Partnership (Herts LEP) and Hertfordshire County Council (HCC); and following HM Treasury consent (a) to the scheme and (b) to Transport for London increasing its borrowing by limit by £30.5m; I am writing to confirm the funding arrangements for the Croxley Rail Link scheme.

The project will be funded to TfL’s P50 cost estimate of £284.4m. This cost estimate includes costs to date incurred by HCC.

The following breakdown of funding has been agreed for the scheme:

Funding Partner £m Department for Transport 109.82 Transport for London (including fare box borrowing) 46.50 Hertfordshire LEP 87.85 HCC & Watford Borough Council 40.23 TOTAL FUNDING 284.40

If the project is delivered, in full, for a total cost below the approved budget cost of £284.4m, Transport for London will retain the full amount of the resulting cost savings. Transport for London has agreed to meet any eligible project costs incurred over £284.4m.

Hertfordshire County Council will lead a consortium of local funding partners (including the Hertfordshire Local Enterprise Partnership and Watford Borough Council) who will contribute £128.08m to the total costs of the project. The detailed arrangements for payment of this funding will be agreed separately between Transport for London and Hertfordshire County Council.

Funding from central Government to the Hertfordshire Local Enterprise Partnership includes £70.7m of “retained scheme” funding from the Department for Transport which the LEP has chosen to allocate to the Croxley Rail Link. The remaining £17.15m of the LEP’s planned contribution will come from its general Growth Deal funds provided by the Department for Communities and Local Government.

Ministers have agreed to provide total funding from the Department for Transport of £180.52m1 towards the scheme. Funding will be paid as capital and resource grant under Section 31 of the Local Government Act 2003.

The Department is able to make available the following indicative funding profiles. These will be confirmed, or amended as necessary, once TfL have produced a detailed programme and budget profile for delivering the scheme. Any amendment will be subject to the amounts being affordable within the Department’s annual budgets. The profiles will be subject to review on an annual basis:

Grant to HCC (for Grant to GLA (£m) TOTAL Year Herts LEP) (£m) (£m) Capital Resource Capital Resource 2014/15 5.00 5.00 0.00 24.00 34.00 2015/16 45.20 0.00 4.00 0.00 49.20 2016/17 31.00 0.00 16.50 0.00 47.50 2017/18 13.62 0.00 16.20 0.00 29.82 2018/19 10.00 0.00 10.00 0.00 20.00 TOTAL 109.82 70.70 180.52

I will write to the Chief Finance Officers of the Greater London Authority and Hertfordshire County Council (as Accountable Body to the Hertfordshire LEP) shortly with a formal letter of grant under Section 31 of the Local Government Act 2003.

In addition to those terms and conditions contained in the formal annual letter of grant, payment of the grant is also subject to the following: a) The Mayor is required to transfer the grant to Transport for London forthwith. b) Hertfordshire County Council and Transport for London will conclude an agreement on the detailed arrangements for payment of a £128.08m local funding contribution to the project; c) The scheme will deliver the following outputs: • a viaduct and embankment linking the current Metropolitan line south of the existing Watford terminus to the disused rail alignment between Croxley and Watford High Street; • reinstatement of double track on the disused Croxley alignment, including a new junction with the Watford Junction to London Euston DC route at Watford High Street; • work to bring the bridges, cuttings and embankments on the disused Croxley alignment into operational use ; and • new stations at Cassiobridge and Watford Vicarage Road. d) The scheme will provide for the operation of at least 6 trains an hour during the peak running between Watford Junction and Baker Street and 4 trains per hour off-peak servicing the Watford High Street Station and the new stations. e) The Metropolitan Line services will share the track and station access with National Rail Network DC line services operating between Watford Junction and London Euston, from south of Watford High Street Station to Watford Junction Station. f) Transport for London will assess in good faith and agree with the Department, by the end of April 2015, the viability of the infrastructure accepting the operation of national rail DMUs (Class 165, 168, 170 and 172 up to six-cars in length), recognising DfT and stakeholders have a longer term aspirations for a service of 2 train per hour from Watford Junction to Rickmansworth, Aylesbury (and beyond). Transport for London will adopt any minor design modifications arising from the agreed viability assessment as part of the Croxley Rail Link project. g) Transport for London will work to a target in service date of 2019 for the Rail Link.

1 This comprises local transport major project funding and additional grant to the GLA announced in Budget 2015 (totalling £109.82m), £50.5m of “retained” Growth Deal funding for the Croxley Rail Link and £20.2m of “retained” Growth Deal funding reallocated by the LEP from their A10/M11 package “retained scheme”. h) Transport for London will be solely responsible for meeting any expenditure over and above the approved project budget cost of £284.4m. i) Scrutiny of the project, will be undertaken in the same way as for other schemes in the TfL Investment Programme, by the Independent Investment Programme Advisory Group. j) Transport for London and/or London Underground Limited will agree reporting arrangements with the Department for Transport, Hertfordshire County Council, Watford Borough Council and the Hertfordshire Local Enterprise Partnership to ensure that key local stakeholders are regularly kept informed of progress in delivering the scheme. This will include arrangements for reporting to the Watford Regeneration and Growth Board and the Local Enterprise Partnership. k) Transport for London will enter in to an agreement with Hertfordshire County Council to ensure ‘Good Neighbour Commitments’ and other local commitments (including those covered in the Transport and Works Act Order) continue to be delivered. l) The Hertfordshire Local Enterprise Partnership will formally confirm the increase in the LEP’s funding contribution – from £50.5m to £87.85m – by no later than 30 April 2015.

The Department reserves the right to suspend payment of Section 31 grant, and/or to adjust other grant payments to the Authority to reflect funding already paid if, at any time, it appears to the Department that there has, or may have, been any failure by the Authority, Transport for London or London Underground Limited to observe any of the Grant Conditions.

The information contained in this letter and the attached documents should be brought to the attention of all relevant staff in the GLA, Transport for London and London Underground Limited.

Please provide written confirmation that the GLA and Transport for London agree to the terms set out in this letter.

If you have any queries about the contents of this letter or the attached grant terms and conditions, please contact xxxxxxxxxxxxx either by phone on xxxxxxxxxxxxxx or by e-mail at [email protected]

I am copying this letter for information to xxxxxxxxxx (GLA), xxxxxxxxx and xxxxxxxxxxx (TfL), xxxxxxxxxxxx (HCC), xxxxxxxxxxxx and xxxxxxxxxxxxxx (Herts LEP), xxxxxxxxxxxxx (BIS) and xxxxxxxxxxxxxx and xxxxxxxxxxx (DfT).

Yours sincerely

xxxxxxxxxxxxxxx Deputy Director: Local Transport Funding, Growth & Delivery xxxxxxxxxxxx Deputy Director Local Transport Funding, Growth & Delivery Division Department for Transport Great Minster House 33 Horseferry Road London SWIP 4DR Direct Line: xxxxxxxxxxx xxxxxxxxxxxx Chief Executive Web Site: www.dft.gov.uk Hertfordshire Local Enterprise Partnership BioPark Broadwater Road 30 March 2015

Welwyn Garden City Hertfordshire AL7 3AX xxxxxxxxxxxx Chief Executive Hertfordshire County Council CHO 238 County Hall Hertford SG13 8DE

Dear xxxxxxxxx & xxxxxxxxxx,

CROXLEY RAIL LINK - FULL FUNDING APPROVAL Following on from discussions between DfT, Transport for London, London Underground Limited, the Hertfordshire Local Enterprise Partnership (Herts LEP) and Hertfordshire County Council (HCC); and following HM Treasury consent (a) to the scheme and (b) to Transport for London increasing its borrowing by limit by £30.5m; I am writing to confirm the funding arrangements for the Croxley Rail Link scheme.

The project will be funded to TfL’s P50 cost estimate of £284.4m. This cost estimate includes costs to date incurred by HCC.

The following breakdown of funding has been agreed for the scheme:

Funding Partner £m Department for Transport 109.82 Transport for London (including fare box borrowing) 46.50 Hertfordshire LEP 87.85 HCC & Watford Borough Council 40.23 TOTAL FUNDING 284.40

If the project is delivered, in full, for a total cost below the approved budget cost of £284.4m, Transport for London will retain the full amount of the resulting cost savings. Transport for London has agreed to meet any eligible project costs incurred over £284.4m.

Hertfordshire County Council will lead a consortium of local funding partners (including Hertfordshire County Council, the Hertfordshire Local Enterprise Partnership and Watford Borough Council) who will contribute £128.08m to the total costs of the project. The detailed arrangements for payment of this funding will be agreed separately between Transport for London and Hertfordshire County Council.

Funding from central Government to the Hertfordshire Local Enterprise Partnership includes £70.7m of “retained scheme” funding from the Department for Transport which the LEP has chosen to allocate to the Croxley Rail Link. The remaining £17.15m of the LEP’s planned contribution will come from its general Growth Deal funds provided by the Department for Communities and Local Government.

Ministers have agreed to provide total funding from the Department for Transport of £180.52m1 towards the scheme. Funding will be paid as capital and resource grant under Section 31 of the Local Government Act 2003.

The Department is able to make available the following indicative funding profiles. These will be confirmed, or amended as necessary once TfL have produced a detailed programme and budget profile for delivering the scheme. Any amendment will be subject to the amounts being affordable within the Department’s annual budgets. The profiles will be subject to review on an annual basis:

Grant to HCC (for Grant to GLA (£m) TOTAL Year Herts LEP) (£m) (£m) Capital Resource Capital Resource 2014/15 5.00 5.00 0.00 24.00 34.00 2015/16 45.20 0.00 4.00 0.00 49.20 2016/17 31.00 0.00 16.50 0.00 47.50 2017/18 13.62 0.00 16.20 0.00 29.82 2018/19 10.00 0.00 10.00 0.00 20.00 TOTAL 109.82 70.70 180.52

I will write to the Chief Finance Officers of the Greater London Authority and Hertfordshire County Council (as Accountable Body to the Hertfordshire LEP and in its own right) shortly with a formal letter of grant under Section 31 of the Local Government Act 2003.

In addition to those terms and conditions contained in the formal annual letter of grant, payment of the grant is also subject to the following: a) A Watford Regeneration and Growth Board will be established with senior membership from Watford Borough Council, Hertfordshire County Council, the Hertfordshire LEP and developers of key sites set to benefit from the Croxley Rail Link to seek to ensure that the economic growth benefits on which the Government’s decision to approve the project was predicated are achieved in practice. b) The terms of reference of the Watford Regeneration and Growth Board will be agreed by the Department and, thereafter, implemented effectively. c) The Hertfordshire Local Enterprise Partnership will formally confirm the increase in the LEP’s funding contribution – from £50.5m to £87.85m – by no later than 30 April 2015. d) Hertfordshire County Council and Transport for London will conclude an agreement on the detailed arrangements for payment of a £128.08m local funding contribution to the project.

The Department reserves the right to suspend payment of Section 31 grant, and/or to adjust other grant payments to the Authority to reflect funding already paid if, at any time, it appears to the Department that there has, or may have, been any failure by the Hertfordshire Local Enterprise Partnership or Hertfordshire County Council to observe any of the Grant Conditions.

The information contained in this letter and the attached documents should be brought to the attention of all relevant staff in Hertfordshire County Council, the Hertfordshire Local Enterprise Partnership and Watford Borough Council.

1 This comprises local transport major project funding and additional grant to the GLA announced in Budget 2015 (totalling £109.82m), £50.5m of “retained” Growth Deal funding for the Croxley Rail Link and £20.2m of “retained” Growth Deal funding reallocated by the LEP from their A10/M11 package “retained scheme”.

This funding letter is issued to Hertfordshire County Council as a funding partner and as the Accountable Body for the Hertfordshire Local Enterprise Partnership. It supersedes the funding approval set out in xxxxxxxxx’s letter to xxxxxxxxxxxxx of 22nd December 2011, which confirmed programme entry for the Croxley Rail Link.

Please provide written confirmation that (a) your Section 151 Officer and (b) the Hertfordshire Local Enterprise Partnership agree to the terms set out in this letter.

If you have any queries about the contents of this letter or the attached grant terms and conditions, please contact xxxxxxxxxxxxxx either by phone on xxxxxxxxxxxxx or by e-mail at [email protected]

I am copying this letter for information to xxxxxxxxx and xxxxxxxxxxxx (GLA), xxxxxxxxxxxxx and xxxxxxxxxxxx (TfL), xxxxxxxxxxx (HCC) and xxxxxxxxxxxxx (Herts LEP), xxxxxxxxxxx (BIS) and xxxxxxxxxxxx and xxxxxxxxxxxxx (DfT).

Yours sincerely

xxxxxxxxxxxx Deputy Director: Local Transport Funding, Growth & Delivery

xxxxxxxxxxxx LTFGD Division Zone 2/15 xxxxxxxxxxxxxx Great Minster House Project Manager, 33 Horseferry Road London Major Projects and Improvements Team SW1P 4DR NCC Highways Nottinghamshire County Council Direct Line: xxxxxxxxxxxxx County Hall, GTN No: xxxxxxxxxxxxxxxx Nottingham, [email protected]

NG2 7QP

Web Site: www.dft.gov.uk

9 February 2015

Dear xxxxxxxx

Hucknall Town Centre Improvements Scheme

Following receipt of your Full Approval submission for the above scheme, this letter confirms that Ministers have agreed to grant the scheme Full Approval.

As part of this approval the Department will provide a maximum capped funding contribution of £8.489m towards an estimated total scheme cost of £12.933m. Nottinghamshire County Council is solely responsible for meeting any expenditure over and above this maximum amount.

Funding will be paid as capital grant under Section 31 of the Local Government Act 2003. I will write to your Chief Finance Officer shortly with a formal letter of grant under Section 31 of the Local Government Act 2003.

As a result of the 2013 Spending Review the DfT funding contribution for local authority major schemes in 2015/16 and beyond will be included within the Local Growth Fund (LGF). From April 2015 all major schemes funding will flow through the LGF. Local Enterprise Partnerships (LEPs) will be granted funding for each specific scheme in their area which has an expenditure ‘tail’. This will be in addition to the confirmed LGF allocations announced in July and any competitive allocations agreed as part of Growth Deals. The provision of ‘tail’ funding will of course be dependent on the approved scheme going ahead.

For the above scheme the Department is prepared to make available the following funding profile:

2014/15 - £2.000m 2015/16 - £3.437m 2016/17 - £3.052m

Every effort should therefore be made to avoid slippage in 2014/15. As explained above, we will not be able to increase our contribution in 2015/16 and beyond if there is any slippage in 2014/15. However, if there is any possibility of adjusting profiles to increase spend in 2014/15 (with a corresponding reduction in future years), we would be happy to consider this.

We expect you to keep us closely informed of progress with, and expenditure on, the scheme - the simplest way to deal with this is for you to complete and return the quarterly monitoring reports by the due dates and to keep us informed of other significant developments as soon as they occur.

The Government’s contribution to the scheme should be advertised in any publicity information that you produce. Ministers want to see all major local schemes which have been built or are being built, where a contribution from the Department is being provided, to display the Department for Transport’s corporate logo. A copy of the logo is attached. Please could you use this on any signs and promotional material for the scheme. For your information, the colour on the DfT logo is coded from the Pantone Matching System as PMS 3298. In addition we are looking at how to incorporate positive messages in any publicity for DfT sponsored schemes showing what the disruption will eventually bring - “improved access, new facilities” etc - and would hope you would be able to do this for this scheme.

Please provide written confirmation that Nottinghamshire County Council agrees to the terms of this letter, including certification from your Section 151 Office that the Council accepts the above terms.

I look forward to seeing progress in constructing the scheme and to its subsequent completion.

xxxxxxxxxxxxxxxxxxx

xxxxxxxxxxxxxxx LTFGD Division Zone 2/15 xxxxxxxxxxxxxxx Great Minster House Chief Officer 33 Horseferry Road London Highways and Transportation SW1P 4DR Leeds City Council The Leonardo Building Direct Line: xxxxxxxxxxxxxxx 2 Rossington Street GTN No: xxxxxxxxxxxxxx Leeds [email protected]

LS2 8HD

Web Site: www.dft.gov.uk

24 October 2013

Dear xxxxxxxxxxx,

A58M Leeds Inner Ring Road Highway Structures Essential maintenance Scheme - Full Approval

Following receipt of your Full Approval submission for the above scheme, this letter confirms that Ministers have agreed to grant the scheme Full Approval.

As part of this approval the Department will provide a maximum capped funding contribution of £16.344m towards the full scheme cost of £24.955m. Leeds City Council is solely responsible for meeting any expenditure over and above this maximum amount.

Funding will be paid as capital grant under Section 31 of the Local Government Act 2003. We will write to you shortly with a formal letter of grant under Section 31 of the Local Government Act 2003.

You should note that we are not able at the current time to provide all the funding for this scheme in advance in one lump sum as proposed in your City Deal. We hope that we will be able to provide this in future once certain legal and accounting issues are resolved.

Should payment in full not be possible I should make it clear that once the profile of funding is ‘locked down’ it is highly unlikely that DfT will have any ability to adjust it after 14/15 even if there are delays to the scheme.

We expect you to keep us closely informed of progress with, and expenditure on, the scheme. The simplest way to do this is for you to complete and return the quarterly monitoring reports by the due dates and to keep us informed of other significant developments as soon as they occur.

The Government’s contribution to the scheme should be advertised in any publicity information that you produce. Ministers want to see all major local schemes which have been built or are being built, where a contribution from the Department is being provided, to display the Department for Transport’s corporate logo. A copy of the logo is attached. May I suggest that this is used on any signs and promotional material for the scheme. For your information, the colour on the DfT logo is coded from the Pantone Matching System as PMS 3298.

Please provide written confirmation that Leeds City Council agrees to the terms of this letter, including certification from your Section 151 Office that the Council accepts the above terms.

I look forward to seeing progress in constructing the scheme and to its subsequent completion.

Yours sincerely,

xxxxxxxxxxxxxx

xxxxxxxxxxxx Deputy Director: Local Transport Funding Growth and Delivery Department for Transport Zone 2/14 Great Minster House 33 Horseferry Road xxxxxxxxxxxxx London SWIP 4DR Direct Line: xxxxxxxxxxxxxxx Chief Executive Halton Borough Council Municipal Building 25 March 2014 Kingsway Widnes Cheshire WA8 7QF

Dear xxxxxxxxxxxx,

MERSEY GATEWAY BRIDGE PROJECT - FULL APPROVAL (i) I am pleased to inform you that Ministers have now agreed to the revised funding package and to grant full approval for the Mersey Gateway Bridge Project (the “Project”), subject to the acceptance of the terms and conditions in this letter. This letter sets out the conditions which must be satisfied following the previous Conditional Approval and the wider funding conditions for the Project. This letter supersedes the conditional approval letter dated 19 October 2011. (ii) Please provide written confirmation that Halton Borough Council (“HBC”) agrees to these revised terms and conditions including certification from your section 151 officer that HBC accepts the requirements set out in this document. (iii) This Funding Offer, subject to the conditions set out below, comprises: 1. Development Cost Grant of up to £86m (including preparatory, land and remediation costs) of which up to £8m may be paid as resource funding, £3m of that £8m which has already been paid; 2. Availability Support Grant of a graduated payment as set out at Annex A following receipt of a Minimum Revenue Collection Certificate, Compliant Revenue Collection Certificate or Full Revenue Collection Certificate (as the case may be) under the proposed DBFO agreement; 3. Additional Liquidity Maintenance Reserve Grant of £9m to be paid at the same time as the initial Availability Support Grant payment following full service commencement under the proposed DBFO agreement; and 4. Additional Availability Support Grant of variable amounts to provide additional revenue support in exceptional circumstances. (iv) This Funding Offer is made on the conditions below and is based on the Full Business Case (“FBC”) submitted to the Department for Transport (the “Department” or “DfT”) on 16 September 2013 as subsequently updated and agreed with HM Treasury together with subsequent information provided by you. Ministers reserve the right to re-consider this Funding Offer if there are any significant changes to the Project prior to Financial Close. (v) The Funding Offer is conditional on: 1. reaching Financial Close by 31 October 2014;

1 2. the transaction being in line with the FBC, HBC having met any conditions and all relevant approvals; 3. receipt of signed certification from HBC’s s.151 officer accepting the requirements set out in this document; 4. the unitary charge and Demand Management Participation (DMP) service subsidy of the Project not exceeding that set out in the FBC subject to financing terms; 5. the Project not having been abandoned by HBC or the Crossings Board; 6. no substantive alterations being made to the Project as described in the FBC without prior consent of the Department; 7. all relevant approvals to enter into the DBFO and DMP Agreement being received; 8. KPMG, acting as Financial Advisors to HBC, providing written confirmation to HBC that the financing arrangements are reasonable based on market conditions and precedents at the time of Financial Close; 9. HBC having incorporated and sufficiently staffed the Mersey Gateway Crossings Board (the “Crossings Board”); and 10. (in accordance with the Department’s letter dated 28 November 2013) HBC having agreed in writing to: a. review the financial robustness and value for money of the Project, taking full account of updated forecasts (including traffic levels, toll charges, discount arrangements and anticipated revenue and costs) 12 months prior to opening of the Project. The review will be supported by an appropriate organisation(s), to be agreed in advance by HBC and Department; b. make clear in any relevant communications, that the arrangements for discounts to users of the bridges will not be implemented unless the Project remains financially viable; and c. commit that it will take all necessary actions it has available to the extent required (such as planned short term use of the Liquidity Maintenance Reserve, amending toll charges, amending discount arrangements or providing additional funding) to address any potential shortfalls identified by the review at (a) above.

(vi) In relation to the Development Cost Grant: 1. Development Cost Grant will be paid in accordance with this Funding Offer and normal DfT grant rules and, always subject to a cap of £86m, will be limited to net costs necessarily incurred directly by HBC in connection with the development of the Project. 2. The £86m Development Cost Grant will be available and, subject to the aforementioned, payable as set out below: a. £10.7m already paid as of the date of this letter;

2 b. a further £75.3m available from Full Approval.1 3. To the extent that actual eligible costs incurred, net of any actual or potential cost recovery, are less than £86m in total then the total Development Cost Grant payable will be the lower amount. 4. HBC is responsible for seeking to minimise development costs incurred and any development costs above the maximum Development Cost Grant are at HBCs’ own risk or borne by the Project to the extent they are unavoidable and are deemed efficient expenditure. 5. In the event that the Secretary of State decides not to proceed with the Project or the parties agree the Project is undeliverable at or before Financial Close, the Department would review the situation jointly with HBC at that time but with no obligation on the Department’s part to reimburse any costs incurred. 6. Should the Project not reach Financial Close the Department would seek repayment from HBC of any proportion of the Development Cost Grant under paragraph (vi)(2)(b) above already paid.

(vii) In relation to the Availability Support Grant: 1. The Department, HM Treasury and HBC acknowledge that the Project is not a PFI, but recognise that the principles set out in the Department for Communities and Local Government Local Government PFI Project Support Guide 2009 - 10, 1st Revision (September 2009), available on DCLG’s website will apply to the Project unless otherwise agreed. 2. A copy of the final FBC should be published on HBC’s website (with any sensitive information redacted) as soon as possible after submission to the Department. At Financial Close HBC should provide the Department with a copy of the Project agreements and the financial model. 3. The maximum annual Availability Support Grant payable is set out in Appendix A. At Financial Close the grant will be recalculated and revised in the post Financial Close letter. 4. Should the Project undergo refinancing, any gains for HBC will be shared on a 50/50 basis with the Department, in a manner to be agreed at the time. 5. The Crossings Board has been established and empowered to act as set out in Annex C and will operate in accordance with that Annex subject to any subsequent agreements between HBC and the Department. 6. Amongst other issues, HBC will establish, prior to the introduction of tolls/road user charges on either the Mersey Gateway or the Silver Jubilee bridges, a Liquidity Maintenance Reserve. The Liquidity Maintenance Reserve will comprise of cash or cash equivalent assets. Its initial minimum value will be 20% of the net toll/road user charge revenues forecast for the period of 12 months beginning on the service commencement date. On

1 It is currently anticipated that legitimate development costs incurred to date will be paid on the earliest of 31st March 2014 or Financial Close.

3 each anniversary of the service commencement date the minimum value of the Liquidity Maintenance Reserve will be adjusted so that it represents 20% of the forecast net toll/charge value for the following period of 12 months. 7. Upon creation, the Liquidity Maintenance Reserve is to be held in a separate bank account, made available to the Crossings Board in accordance with the terms of the Governance Agreement and used solely (if necessary) to fund any shortfall between (a) actual toll revenues and Availability Support Grant and (b) HBCs’ and the Crossings Boards financial obligations for the Project. The Department will need to be satisfied that these arrangements are robust, ensure that the Crossings Board can access the Liquidity Maintenance Reserve as required (in accordance with the Governance Agreement) and are in place before any tolls/user charges are introduced.

(viii) In relation to the Additional Liquidity Maintenance Reserve Grant: 1. The additional grant funding of £9m will be paid in conjunction with the initial Availability Support Grant payment following full service commencement under the proposed DBFO agreement. 2. For the avoidance of doubt, the Additional Liquidity Maintenance Reserve Grant is additional to the sum referred to at paragraph (vii)(6) above but will form part of the overall Liquidity Maintenance Reserve available.2

(ix) In relation to the Additional Availability Support Grant: 1. In exceptional circumstances the Department agrees to pay HBC or the Crossings Board additional financial support (“Additional Availability Support Grant”) (subject to the following sentence) up to the amount of the base case toll/road user charge revenue forecasted in the FBC. Additional Availability Support Grant will be payable to fund the difference between the actual toll/road user charge revenue receipts and the base case toll/road user charge revenue forecasted in the FBC if, as a result, HBC is unable to fully meet its obligations under the DBFO Agreement, DMP Agreements (including in respect of any termination compensation obligations following early termination of the DBFO Agreement or DMP Agreement provided any such termination payments are payable in instalments over the life of the relevant agreement prior to termination), prudential borrowing interest cost or other direct Project costs from the combination of the Availability Support Grant and the toll/road user charge revenue. 2. In order for HBC, the Crossings Board and the Department to assess the need for Additional Availability Support Grant HBC and the Crossings Board undertake to provide an annual rolling five-year look forward projection of Availability Support Grant and the toll/road user charge revenue and costs under the DBFO Agreement and DMP Agreement.

2 This means that, in total, the liquidity reserve when toll/road user charges commence is broadly equivalent to 10% of revenues for the first 4 years of operation

4 3. The Department will provide Additional Availability Support Grant, either in the form of a grant or loan, at the sole discretion of the Department, to HBC or the Crossings Board to enable HBC and the Crossings Board to meet their obligations under the DBFO Agreement, DMP Agreement, prudential borrowing interest cost or other direct Project costs in a timely manner3. 4. After identifying a shortfall between estimated and actual toll/user charge revenue potentially requiring Additional Availability Support Grant, HBC and the Crossings Board will demonstrate to the reasonable satisfaction of the Department that they are undertaking the following measures (to the extent required), in this paragraph and paragraph (ix)(5) below, to remove or reduce that shortfall: (a) utilisation of the Liquidity Maintenance Reserve; (b) increasing the toll/road user charge rates above the toll/charging levels set out in the FBC (if and to the extent legally possible) by up to 20%; (c) reducing/removing toll/road user charge discounts to local residents4; (d) taking steps to reduce the Crossings Board’s costs; and (e) re-scoping the service provision to the extent permitted under the contracts. 5. In addition to the mitigation measures set out in paragraph (ix)(4) above, HBC and Crossings Board shall use reasonable endeavours to agree a revenue rectification plan with the Department setting out such additional measures required to remedy any shortfall in toll/road user charge revenues outlined above. Such measures could include further increasing the toll rates (to the maximum level permitted in the Orders); assessing the possibility of using other sources of income available to HBC and the Crossings Board, and ensuring HBC and the Crossings Board both have a continuing commercial incentive to maximise the financial performance of the crossings. For the avoidance of doubt the measures in paragraphs (ix)(4) and (5) are not required to be implemented to cover funding shortfalls in payment of those procurement savings not already taken out of the Project. 6. HBC and the Crossings Board undertake that where any Additional Availability Support Grant is advanced as a loan then interest will accrue at the prevailing Public Works Loan Board rate matched to the expected repayment profile of the Additional Availability Support Grant, from time to time, and this together with the principal will be repaid by HBC or the Crossings Board in the manner set out in the loan agreement or, if no repayment provisions are included, as soon as possible. 7. If any Additional Availability Support Grant is paid, HBC and the Crossings Board further undertake to maintain the measures set out in paragraphs (ix)(4) and (ix)(5) until the earlier of such time as (i) the amount of Additional Availability Support Grant, if lent as a loan, is repaid to the Department in full

3 HBC/MGCB Additional Availability Support Grant request and subsequent DfT payment timetable to be agreed to ensure financial obligations can be met. 4 The Department recognises that toll discounts may include both those provided for within the 10% revenue cap set out at (xvii) and discounts that HBC has chosen to fund through its share of procurement savings. In considering whether actions taken by HBC are to its reasonable satisfaction, the Department does not anticipate requiring HBC to forego or defer a share of its procurement savings that is disproportionate to any share of the procurement savings foregone or deferred (or effectively foregone or deferred - including through provision or anticipated provision of Additional Availability Support Grant) by DfT.

5 or (ii) in the sole discretion of the Department, the Department agrees that the measures can cease. 8. Should HBC or the Crossings Board fail to meet their obligations to the Department in respect of the Additional Availability Support Grant (including, for the avoidance of doubt, their obligations in paragraphs (ix)(4) and (5) above) and as a result cause the Department or HM Treasury to either incur expenditure it/they would not have otherwise incurred or fail to collect revenue it/they would otherwise have collected the Department reserves the right to: (a) require HBC to, and/or require HBC to instruct the Crossings Board to, undertake the measures set out in paragraphs (ix)(4) and (ix)(5); and/or (b) step in to the role of HBC under the Governance Agreement in order to direct the Crossings Board to undertake the measures set out in paragraphs (ix)(4) and (ix)(5); and/or (c) reduce the Department’s contribution to HBC’s future funding for transport projects or HBC’s share of funding to the Merseyside combined authority.

Availability Support Grant Review Procedures (x) There will be specified Review Points prior to and following full service commencement of the Project where the Crossings Board and Department will consider the financial performance of the crossings and the Board since the last Review Point (or in the case of the first Review Point, a range of forecasts from commencement of full service) and agree forecasts for the revenues and costs of the Project together with the operating costs of the Crossing Board for the period to the next Review Point (or in the case of the last Review Point, for the period to the end of the concession period). The first Review Point will be 12 months prior to full service commencement, with a second Review Point five years after full service commencement and subsequent Review Points every three years thereafter until the end of the period during which Availability Support Grant is payable or procurement savings or Additional Availability Support Grant is receivable. At each Review Point due consideration should be given to the value for money of the Project, ensuring the forecasts of Project benefits continue to follow a trajectory that will deliver at least high value for money as defined by the DfT at the time of any review, subject to affordability. This should include considerations of the demand, tolling structure and discounts. (xi) Any Review Point will involve the review of performance for the next period, including a consideration of revenue levels achieved in the preceding years, future economic and transport forecasts and other issues that will impact on revenues as agreed between the parties. In the event that revenues for the next period cannot be agreed, then the average of the annual revenues since the last Review Point, adjusted for expected future changes in RPI, will be used as the forecast revenues for each year during the next period. (xii) At the Review Point immediately preceding the end of the Availability Support Grant payments and each Review Point thereafter, HBC in conjunction with

6 Crossings Board will reconcile actual costs of the Project to the estimated costs as documented at Financial Close in calculating the amount of procurement savings. The Department’s share of any change in the amount of procurement savings will be added or deducted from the amounts outstanding to the Department which it is forecasted to receive, as set out in Annex A following the last payment of the Availability Support Grant, as calculated using the same methodology as set out in Annex B. (xiii) At the second Review Point, the Department will seek to recover any Additional Liquidity Maintenance Grant paid, taking into account the ongoing financial obligations of the Project and forecast revenues. To the extent there are sufficient funds over and above the sum referred to in paragraph (vii)(6) above in the Liquidity Maintenance Reserve these funds shall be repaid to the Department. Should there not be sufficient funds then HBC/the Crossings Board shall pay the amounts over time from surplus cash available at the end of each year.

Excess Revenue Sharing Procedures (xiv) To the extent that actual net revenues at any Review Point, during the life of the DBFO agreement: 1. minus of any revenue share due to the DMPACo under the DMP Agreement; 2. plus any deductions from the DMPACo for revenue leakage; 3. plus or minus reasonable variances in direct contract management costs of the Crossings Board (for example as a result of higher than forecast traffic volumes); 4. minus interest payments on prudential borrowing drawn specifically for the purposes of the Project to the extent these costs are not already included in the procurement savings calculation as set out in Annex B; 5. minus any staged repayments of the Additional Liquidity Maintenance Grant pursuant to paragraph (xiii) above where there are insufficient funds in the Liquidity Maintenance Reserve. 6. plus discounts offered over and above the level of discount assumed in the FBC; 7. minus any revenues that the Department agrees with HBC would not have been realised had HBC not provided additional funding for the project in order to support a Local Discount scheme has exceeded the corresponding amount of revenue expected in the FBC, after allowing for: 1. replenishment of the Liquidity Maintenance Reserve or repayment of prudential borrowing that was drawn down for the specific purpose of replenishing the Liquidity Maintenance Reserve; and 2. repayment of any previously drawn Additional Availability Support Grant (or loan); then this will be an “Actual Excess”.

7 (xv) At the end of the DBFO agreement a final Review Point shall take place. Any surplus cash after repayment of the Liquidity Maintenance Reserve funded under paragraph (xiv) and extinguishing all liabilities, excluding Prudential Borrowing drawn for the purposes of the project, shall be treated as an Actual Excess. If such liabilities cannot be extinguished by the final Review Date then there will be no Actual Excess and the project will continue to be operated by HBC and the Crossings Board without any sharing with the Department unless and until all HBC and Crossings Board liabilities are repaid in full and the project is reviewed by HBC and DfT pursuant to paragraphs (xxi), (xxii) and (xxiii). (xvi) 85% of any Actual Excess shall be payable by HBC or the Crossings Board to the Department within 30 days of the end of the Review Point out of available cash balances subject to ensuring the financial robustness of the Project at all times by HBC and the Department, and the Council shall be entitled to the balance of any Actual Excess.

Discounts (xvii) For the avoidance of doubt, the terms “discount” or “discounts” when used in this letter refer to all discounts given to local residents and regular users of the bridges, including all vehicle types. Regular user schemes which are self-funded, as confirmed by the Crossings Board and/or DMPACo, will not be included within the definition. Total discounts not funded separately by HBC (including through HBC’s share of the procurement savings) shall be limited to 10% of the revenue that would have been earned in the absence of any discount regime subject to paragraphs (ix)(4) and (ix)(5). The annual projection provided for at paragraph (ix)(2) shall include: 1. the estimated toll income for the preceding year had toll discounts not been in place; 2. the cost of toll discounts in the preceding year; 3. an explanation of the reasons for any discrepancy between the actual cost of toll discounts and any previous estimate of the cost of toll discounts in the year concerned; 4. details of any funding HBC has provided to support discounts in the preceding year including through retaining some or all of its share of procurement savings within the project; 5. the forecast cost of toll discounts for each of the five years covered by the annual projection; and 6. details of any funding HBC is committing to provide to support discounts in any (or each) given year including through retaining some or all of its share of procurement savings within the project; The annual projection shall not, for any given year, forecast discounts greater than the aggregate of 10% of the revenue that would have been earned in the absence of any discount regime plus any funding identified under sub paragraph (6) above without the written consent of the Department.

Procurement Savings Procedures

8 (xviii) As set out in Annex B, procurement savings will be calculated at Financial Close and updated as set out in paragraph (xii) above. Payment shall be made to the Department of its share of outstanding procurement savings within 30 days of the end of each accounting period subject to available cash surplus and ensuring the financial robustness of the Project at all times. (xix) HBC shall be entitled to its share of outstanding procurement savings at the end of each accounting period subject to: 1. available cash surplus; 2. ensuring the financial robustness of the Project at all times with reference to the steps outlined in sub paragraph (ix)(2) of this letter; and 3. all Additional Availability Support Grant having been repaid in full.

Crossings Board Make Whole (xx) If at any time a shortfall between actual toll/road user charge revenue receipts and the base case toll/road user charge revenue forecasted in the FBC exists and HBC does not 1. undertake the mitigation measures set out in paragraph (ix)(4) to the reasonable satisfaction of the Department; 2. use its reasonable endeavours to agree a rectification plan with the Department in accordance with (ix)(5); and/or 3. undertake some or all of the actions set out in the rectification plan agreed with the Department, to the reasonable satisfaction of the Department; HBC is required to deposit in to the Toll Collection Account an amount equal to the toll/charge revenue that would have otherwise been received by the Crossings Board.

Future Tolls and Charges (xxi) At any date prior to the date being the later of: 1. the end of the Availability Support Grant payment period; or 2. repayment of procurement savings in full; or 3. repayment in full of any HBC or Crossings Board prudential borrowing, borrowed for the purposes of this Project; or 4. end of the DBFO Agreement. no commitments shall be made by HBC or the Crossings Board as to whether tolls/charges will or will not continue after these dates and/or at what level. (xxii) At a point 3 years before the later of sub paragraphs (xxi)(1), (2), (3) or (4) above the Crossings Board, HBC and the Department will jointly assess the benefits of continuing with tolling/charges in the light of the economic and transport network needs of the region, the overall context relating to road charging, and also considering any legal constraints and the prevailing legal position at that time.

9 (xxiii) If after the end of the DBFO Agreement tolls/charges continue to be in place on one of both of the bridges then the Department will be entitled to share in the net financial benefits either directly in terms of direct payments to the Department or through reduced contributions to other local or regional transport schemes and initiatives as agreed with the Secretary of State. The sharing will be 70/30 in favour of Department unless otherwise agreed at the time.

Mersey Gateway Crossings Board (xxiv) The governance arrangements of the Crossings Board have been agreed with the Secretary of State and cannot be amended without the specific written agreement of the Secretary of State. The agreed governance arrangements are attached as Annex C to this letter. (xxv) HBC and the Crossings Board shall inform the Department of any proposed changes to the Project documents that impact the obligations set out in this letter. (xxvi) The Secretary of State reserves the right to withdraw funding if amendments to Governance arrangements are made without his written consent. (xxvii) The Crossings Board shall have an independent capability to carry out its main tasks and should not solely rely upon HBC and / or its officers. (xxviii) As a minimum the Crossings Board will be required to: 1. increase average weighted tolls/charges annually by RPI; 2. have the ability to decide independently to increase average weighted tolls/charges by as much as 20% (in real terms) above the toll/charging levels set out in the FBC during the life of the concession (subject to the limits set out in the Scheme Orders) to take into account revenue shortfalls and overall finances of the Crossings Board; 3. act in a transparent and open book manner; and 4. operate to ensure the financial stability of the Crossings Board. Sub paragraph (xxviii)(1) is required to ensure the ongoing financial robustness of the Project, unless agreed otherwise between HBC and the Department at the time subject to both parties acting reasonably. (xxix) It will be for HBC and/or the Crossings Board to establish and implement their actual discounts policy, in accordance with the Crossings Board governance arrangements.

Other Requirements (xxx) HBC may not voluntarily terminate any agreements relating to the Project without prior consultation with and the written consent of the Department. (xxxi) HBC, as a corporate body, shall exercise its reasonable endeavours - including through the terms of the DBFO and DMPA agreements - to ensure revenue collection under the relevant charging and discount schemes in place at any given time is maximised, to the extent that is consistent with the Project’s objectives, unless otherwise agreed with the Secretary of State

10 (xxxii) HBC may not enter into the DBFO and DMPA agreements without the Department’s prior written consent unless it already holds all the necessary powers in place to undertake construction work on the River Mersey. (xxxiii) The Department will continue to be invited to attend, at its discretion, the Crossings Board meetings to support the successful delivery of the Project and to monitor its progress. (xxxiv) HBC will keep the Department closely informed on the progress of this Project, complete the Department's three monthly monitoring forms by the due date and provide such information as the Department may reasonably require in relation to this Funding Offer. (xxxv) HBC will provide all necessary support and information for post award evaluation. (xxxvi) HBC will notify the Department immediately in the event of any significant changes to the Project. (xxxvii) The Department’s Transport and Works Act (TWA) Orders Unit has confirmed that it would deal with any application as expeditiously as appropriate, in accordance with the relevant statutory requirements, taking into account the circumstances that may arise in going through the statutory process. (xxxviii) The Department is committed to supporting this Project. Its policy is therefore to make Availability Support Grant and (if necessary) Additional Availability Support Grant available, consistent with the long term nature of the Project, subject to the usual public law constraints around the exercise of discretionary powers particularly the fettering of discretion. (xxxix) HBC will keep the Department in touch about the progress of the Project. In particular, you must inform us immediately if you wish to change aspects of the Project in any material way from the case agreed. That particularly includes the scope, need for Availability Support Grant or Additional Availability Support Grant, or the timetable, where we have agreed that you are aiming to reach Financial Close by 31 March 2014 at the latest. If changes are required to any of these aspects of the Project you will need to obtain the Department’s written agreement. Failure to obtain this agreement could potentially mean withdrawal of support for the Project, and would invalidate any arrangement by the Department to support it. (xl) The main Departmental contact point for this Project will be Charlie Sunderland (0207 944 8810 – [email protected]).

We look forward to continuing to work with you on this Project.

Yours sincerely

xxxxxxxxxxxxxx

11 Annex A

Revised funding profile for the Departmental Grant revenue payments and receipts5

Year (following full DfT Procurement Additional Liquidity service Availability Support Savings Maintenance Funding commencement) Grant (£’000) receipts (£000) (£000) 1 20,352 9,000 2 17,719 3 16,116 4 14,484 5 12,812 [ ]6 6 11,266 [ ] 7 9,436 [ ] 8 8,884 [ ] 9 6,894 [ ] 10 4,789 [ ] 11 2,602 [ ] 12 291 [ ] 13 (2,108) [ ] 14 (4,640) [ ] 15 (7,030) [ ] 16 (9,551) [ ] 17 (9,947) [ ]

5 To be finalised at Financial Close. Current profile based on analysis dated 27 Nov 2014. 6 In accordance with paragraph xiii above, at the year 5 Review Point, the Department may seek to recover the Additional Liquidity Maintenance Grant. Should there not be sufficient funds then HBC/the Crossings Board shall pay the amounts over time from surplus cash available at the end of each year.

12 Annex B – Procurement Savings calculation as at Final Approval on 26th November 2013

Note: the procurement savings will be updated at financial close to reflect the final PPB Unitary Charge and Service Subsidy figures and movements in prudential borrowing interest rates The purpose of this annex is to set out step by step the procurement savings calculation specified by DfT.

Table 1 - Procurement savings calculation £000

The table below sets out the calculation of procurement savings by comparison of the OBC unitary charge to total costs at Financial Close. The resulting value of savings (£150m NPV) is then taken forward to the next section where the Council’s share of savings (£45m NPV) is profiled. At Financial Close the Merseylink UC and SS and Other project costs columns will need to be updated and confirmed between DfT and the Council, with the change flowing through to other tables. No other inputs require updating at Financial Close unless otherwise agreed between DfT and the Council.

Year of OBC unitary Merseylink UC Other project Total of UC, SS Procurement Council share DfT share of DfT share as operations charge September and SS (1) costs and other costs savings before of procurement procurement percentage 2011 reprofiled ASG savings savings procurement savings Total 2,260,534 1,440,487 367,546 1,808,034 452,500 NPV 987,012 665,427 171,522 836,949 150,063 45,019 105,044 70% 1 53,190 43,799 11,971 55,771 (2,581) 2 55,047 43,565 11,323 54,888 159 3 56,975 44,140 11,459 55,599 1,376 4 58,975 44,835 11,559 56,394 2,580 5 61,049 45,433 11,828 57,261 3,788 6 63,201 46,099 12,343 58,442 4,758 7 65,432 46,841 12,515 59,356 6,076 8 67,746 49,434 12,806 62,240 5,506 9 70,145 50,213 13,004 63,216 6,929 10 72,632 51,009 13,174 64,184 8,449 11 75,210 51,824 13,369 65,193 10,017 12 77,882 52,657 13,530 66,188 11,694 13 80,651 53,510 13,717 67,227 13,423 14 83,519 54,383 13,869 68,252 15,267 15 86,342 55,277 14,085 69,362 16,980 16 89,264 56,191 14,268 70,459 18,805 17 92,289 57,127 14,477 71,604 20,685 18 95,419 58,086 14,692 72,778 22,641 19 98,659 59,068 14,933 74,002 24,657 20 102,011 60,074 15,142 75,216 26,795 21 105,479 61,104 15,378 76,482 28,997 22 109,068 62,160 15,620 77,781 31,288 23 112,781 63,242 15,891 79,133 33,648 24 116,621 64,351 16,128 80,479 36,141 25 120,593 65,488 16,401 81,888 38,705 26 125,273 66,653 16,183 82,835 42,437 27 65,082 33,924 7,881 41,805 23,277 (1) Includes 20% contingency on Service Subsidy after year 7

13

Table 2 - Council's procurement savings profile £000

Since the OBC unitary charge was calibrated to an affordability profile based on a different starting ASG profile to that applicable at FBC, it is necessary to reprofile the procurement savings arising from Table 1. This is performed below, with the Council’s procurement savings profile then being 30% of the amended profile.

Year of operations Procurement savings Less OBC ASG Add FBC starting Procurement Council's before reprofiled ASG profile ASG profile savings after procurement reprofiled ASG savings profile Total 452,500 (385,575) 266,994 333,920 100,176 NPV 150,063 (189,067) 189,067 150,063 45,019 1 (2,581) (14,550) 28,423 11,293 3,388 2 159 (14,550) 27,200 12,809 3,843 3 1,376 (14,550) 25,912 12,738 3,821 4 2,580 (14,550) 24,554 12,585 3,775 5 3,788 (14,550) 23,127 12,365 3,710 6 4,758 (14,550) 21,627 11,836 3,551 7 6,076 (14,550) 20,050 11,577 3,473 8 5,506 (14,550) 18,396 9,352 2,806 9 6,929 (14,550) 16,660 9,039 2,712 10 8,449 (14,550) 14,840 8,738 2,621 11 10,017 (14,550) 12,932 8,399 2,520 12 11,694 (14,550) 10,934 8,079 2,424 13 13,423 (14,550) 8,843 7,716 2,315 14 15,267 (14,550) 6,655 7,372 2,212 15 16,980 (14,550) 4,530 6,960 2,088 16 18,805 (14,550) 2,309 6,565 1,969 17 20,685 (14,550) - 6,135 1,840 18 22,641 (14,550) - 8,091 2,427 19 24,657 (14,550) - 10,107 3,032 20 26,795 (14,550) - 12,245 3,674 21 28,997 (14,550) - 14,447 4,334 22 31,288 (14,550) - 16,738 5,021 23 33,648 (14,550) - 19,098 5,729 24 36,141 (14,550) - 21,591 6,477 25 38,705 (14,550) - 24,155 7,246 26 42,437 (14,550) - 27,887 8,366 27 23,277 (7,275) - 16,002 4,801

14

Table 3 - DfT's procurement savings profile £000

The methodology requires that all available funds over and above the Council’s procurement savings profile are directed to the DfT until the DfT’s share of procurement savings (£105m NPV) is realised. The Remaining project headroom / (shortfall) is analogous to the buffer present at OBC stage (with the difference it is concentrated at the backend of the operations period).

Year of Toll Discounts FBC ASG Total sources Total of UC, Funds Council's Funds DfT's Remaining operations revenues (2) (10% of profile (before SS and other available for procurement available for procurement project revenues) sharing) costs procurement savings profile DfT savings profile headroom / savings procurement (shortfall) savings Total 2,273,276 (227,328) 266,994 2,312,942 (1,808,034) 504,909 (100,176) 404,733 (174,623) 230,109 NPV 953,250 (95,325) 189,067 1,046,992 (836,949) 210,043 (45,019) 165,024 (105,044) 59,980 1 43,118 (4,312) 28,423 67,229 (55,771) 11,459 (3,388) 8,071 (8,071) - 2 45,569 (4,557) 27,200 68,212 (54,888) 13,324 (3,843) 9,481 (9,481) - 3 48,116 (4,812) 25,912 69,216 (55,599) 13,617 (3,821) 9,796 (9,796) - 4 50,762 (5,076) 24,554 70,240 (56,394) 13,846 (3,775) 10,070 (10,070) - 5 53,509 (5,351) 23,127 71,285 (57,261) 14,025 (3,710) 10,315 (10,315) - 6 56,363 (5,636) 21,627 72,354 (58,442) 13,912 (3,551) 10,361 (10,361) - 7 59,326 (5,933) 20,050 73,444 (59,356) 14,088 (3,473) 10,615 (10,615) - 8 62,402 (6,240) 18,396 74,558 (62,240) 12,317 (2,806) 9,512 (9,512) - 9 65,594 (6,559) 16,660 75,695 (63,216) 12,478 (2,712) 9,767 (9,767) - 10 68,907 (6,891) 14,840 76,856 (64,184) 12,672 (2,621) 10,051 (10,051) - 11 72,345 (7,234) 12,932 78,042 (65,193) 12,850 (2,520) 10,330 (10,330) - 12 75,911 (7,591) 10,934 79,254 (66,188) 13,067 (2,424) 10,643 (10,643) - 13 79,611 (7,961) 8,843 80,493 (67,227) 13,266 (2,315) 10,951 (10,951) - 14 83,448 (8,345) 6,655 81,758 (68,252) 13,506 (2,212) 11,295 (11,295) - 15 87,200 (8,720) 4,530 83,010 (69,362) 13,648 (2,088) 11,560 (11,560) - 16 91,088 (9,109) 2,309 84,288 (70,459) 13,829 (1,969) 11,860 (11,860) - 17 95,115 (9,512) - 85,604 (71,604) 14,000 (1,840) 12,159 (9,947) 2,213 18 99,287 (9,929) - 89,358 (72,778) 16,580 (2,427) 14,153 - 14,153 19 103,608 (10,361) - 93,247 (74,002) 19,245 (3,032) 16,213 - 16,213 20 108,083 (10,808) - 97,275 (75,216) 22,059 (3,674) 18,385 - 18,385 21 112,717 (11,272) - 101,445 (76,482) 24,963 (4,334) 20,629 - 20,629 22 117,515 (11,751) - 105,763 (77,781) 27,983 (5,021) 22,962 - 22,962 23 122,482 (12,248) - 110,234 (79,133) 31,102 (5,729) 25,372 - 25,372 24 127,625 (12,763) - 114,863 (80,479) 34,383 (6,477) 27,906 - 27,906 25 132,948 (13,295) - 119,653 (81,888) 37,765 (7,246) 30,519 - 30,519 26 138,493 (13,849) - 124,644 (82,835) 41,808 (8,366) 33,442 - 33,442 27 72,135 (7,213) - 64,921 (41,805) 23,117 (4,801) 18,316 - 18,316 (2) Economic Case revenues from Final Business Case

15 Table 4 - FBC ASG adjusted for DfT's procurement savings £000

The table below applies the profile of DfT procurement savings in Table 3 to the starting ASG profile and calculates any rebates due to DfT following the conclusion of the ASG.

Year of Starting ASG DfT procurement Revised ASG Procurement operations profile savings profile (after savings rebates sharing) to DfT Total 266,994 (174,623) 125,646 (33,274) NPV 189,067 (105,044) 97,279 (13,256) 1 28,423 (8,071) 20,352 - 2 27,200 (9,481) 17,719 - 3 25,912 (9,796) 16,116 - 4 24,554 (10,070) 14,484 - 5 23,127 (10,315) 12,812 - 6 21,627 (10,361) 11,266 - 7 20,050 (10,615) 9,436 - 8 18,396 (9,512) 8,884 - 9 16,660 (9,767) 6,894 - 10 14,840 (10,051) 4,789 - 11 12,932 (10,330) 2,602 - 12 10,934 (10,643) 291 - 13 8,843 (10,951) - (2,108) 14 6,655 (11,295) - (4,640) 15 4,530 (11,560) - (7,030) 16 2,309 (11,860) - (9,551) 17 - (9,947) - (9,947) 18 - - - - 19 - - - - 20 - - - - 21 - - - - 22 - - - - 23 - - - - 24 - - - - 25 - - - - 26 - - - - 27 - - - -

16 Annex C – Mersey Gateway Bridge Governance Arrangements

Attached separately

17

xxxxxxxxxxxxxxx LTFGD Division Zone 2/15 xxxxxxxxxxx. Great Minster House Major Projects SRO 33 Horseferry Road London South Gloucestershire Council SW1P 4DR Department for Environment and Community Services Direct Line: xxxxxxxxxxxxxx Transport and Strategic Projects GTN No: xxxxxxxxxxxxxx PO Box 299 [email protected]

Civic Centre High Street BRISTOL Web Site: www.dft.gov.uk BS15 0DR 18 March 2015

Dear xxxxxxxxxxxxx

North Fringe to Hengrove MetroBus scheme

Following receipt of your Full Approval submission for the above scheme, this letter confirms that Ministers have agreed to grant the scheme Full Approval.

As part of this approval the Department will provide a maximum capped funding contribution of £51.101m towards an estimated total scheme cost of £101.884m. South Gloucestershire Council is solely responsible for meeting any expenditure over and above this maximum amount.

Funding will be paid as capital grant under Section 31 of the Local Government Act 2003. We will write to you separately in the next few days to agree an annual grant profile for the schemes and to explain the arrangements and timing of the first annual grant letter and grant determination for the scheme.

We expect you to keep us closely informed of progress with, and expenditure on, the scheme - the simplest way to deal with this is for you to complete and return the quarterly monitoring reports by the due dates and to keep us informed of other significant developments as soon as they occur.

The Government’s contribution to the scheme should be advertised in any publicity information that you produce. Ministers want to see all major local schemes which have been built or are being built, where a contribution from the Department is being provided, to display the Department for Transport’s corporate logo. A copy of the logo is attached. Please could you use this on any signs and promotional material for the scheme. For your information, the colour on the DfT logo is coded from the Pantone Matching System as PMS 3298. In addition we are looking at how to incorporate positive messages in any publicity for DfT sponsored schemes showing what the disruption will eventually bring - “improved access, new facilities” etc - and would hope you would be able to do this for this scheme.

Please provide written confirmation that South Gloucestershire Council agrees to the terms of this letter, including certification from your Section 151 Office that the Council accepts the above terms.

I look forward to seeing progress in constructing the scheme and to its subsequent completion.

I am copying this letter to xxxxxxxxxxxxx at Bristol City Council and to xxxxxxxxxxxxxx at the West of England Local Economic Partnership.

xxxxxxxxxxxxxxxxx

xxxxxxxxxxxxxx Policy Advisor Department for Transport Zone 2/15 Great Minster House 33 Horseferry Road London xxxxxxxxxxxxxxx SW1P 4DR Principal Programme Delivery Manager Direct Line: xxxxxxxxxxxxxxxxx South Yorkshire Passenger Transport e-mail: [email protected]

Executive Web Site: www.dft.gov.uk 11 Broad Street West Sheffield 14 November 2013 S1 2BQ

Dear xxxxxxxxxxxxx,

South Yorkshire Bus Rapid Transit (Northern Route) - Full Approval

Following receipt of your Full Approval submission for the above scheme, this letter confirms that Ministers have agreed to grant the scheme Full Approval.

As part of this approval the Department will provide a maximum capped funding contribution of £15.888m towards an estimated total scheme cost of £28.224m. South Yorkshire Passenger Transport Executive is solely responsible for meeting any expenditure over and above this maximum amount.

Funding will be paid as capital grant under Section 31 of the Local Government Act 2003. I will write to you shortly with a formal letter of grant under Section 31 of the Local Government Act 2003.

You will wish to be aware that as a result of the 2013 Spending Review the DfT funding contribution for local authority major schemes in 2015/16 and beyond will be included within the Local Growth Fund (LGF). From April 2015 all major schemes funding will flow through the LGF. Local Enterprise Partnerships (LEPs) will be granted funding for each specific scheme in their area which has an expenditure ‘tail’. This will be in addition to the confirmed LGF allocations announced in July 2013 and any competitive allocations agreed as part of Growth Deals. The provision of ‘tail’ funding will of course be dependent on the approved scheme going ahead.

Whilst this scheme does not have such a tail of expenditure, you will wish to bear in mind that we will not in any circumstances be able to provide funding in 2015/16 if there are delays to the scheme. Any changes will need to be negotiated with your LEP.

Every effort should therefore be made to avoid slippage in 2013/14 and 2014/15. We cannot guarantee that a project underspend in 2013/14 will be incorporated into a higher DfT grant in 2014/15.

We expect you to keep us closely informed of progress with, and expenditure on, the scheme. The simplest way to do this is for you to complete and return the quarterly monitoring reports by the due dates and to keep us informed of other significant developments as soon as they occur.

The Government’s contribution to the scheme should be advertised in any publicity information that you produce. Ministers want to see all major local schemes which have been built or are being built, where a contribution from the Department is being provided, to display the Department for Transport’s corporate logo. A copy of the logo is attached. May I suggest that this is used on any signs and promotional material for the scheme. For your information, the colour on the DfT logo is coded from the Pantone Matching System as PMS 3298.

Please provide written confirmation that South Yorkshire Passenger Transport Executive agrees to the terms of this letter, including certification from your Section 151 Office that the Council accepts the above terms.

I look forward to seeing progress in constructing the scheme and to its subsequent completion.

Yours sincerely,

xxxxxxxxxxxxxxx

xxxxxxxxxxxxxx POLICY ADVISOR LOCAL TRANSPORT FUNDING GROWTH & DELIVERY DEPARTMENT FOR TRANSPORT ZONE 2/15 GREAT MINSTER HOUSE xxxxxxxxxxxxxx 33 HORSEFERRY ROAD LONDON Head of Strategic Infrastructure and SW1P 4DR Business Services DIRECT LINE: XXXXXXXXXXXXXXX Economy, Enterprise and Environment GTN NO: XXXXXXXXXXXXX Cornwall Council e-mail: [email protected]

The Exchange Web Site: www.dft.gov.uk New County Hall, Treyew Road Truro, Cornwall 13 August 2014 TR1 3AY

Dear xxxxxxxxxx,

St Mary's and Penzance Harbours - Full Approval

Following receipt of your Full Approval submission for the above scheme, this letter confirms that Ministers have agreed to grant the scheme Full Approval.

As part of this approval the Department will provide a maximum capped funding contribution of £7.323m towards an estimated total scheme cost of £12.884m (including preparatory costs but excluding the Park and Ride). Cornwall Council is solely responsible for meeting any expenditure over and above this maximum amount.

For the sake of clarity, the DfT £7.323m contribution includes provision of £0.766m of preparatory costs which have already been paid (including payments made to the Council of the Isles of Scilly and Penzance Projects) and a retrospective provision of £0.210m for additional preparatory costs incurred to date, as advised to xxxxxxxxxx.

The DfT contribution (and the total scheme cost quoted above) excludes any provision for the proposed Park & Ride facility at Penzance. We intend to assess this proposal further, including its impact on the value for money of the overall scheme, and we will be in touch with you separately if we need further supporting information.

Funding of the DfT contribution will be paid as grant under Section 31 of the Local Government Act 2003. We will write to you shortly with a formal letter of grant.

As a result of the 2013 Spending Review the DfT funding contribution for local authority major schemes in 2015/16 and beyond will be included within the Local Growth Fund (LGF).

For this scheme the Department’s funding contribution (less any preparatory costs already paid) will be made available in 2014/15 only. There is no “tail” of funding allocated for this scheme in 2015/16 or beyond.

Every effort should therefore be made to avoid slippage of DfT funded expenditure beyond 2014/15 as we will not have provision in our budget to cover this in 2015/16 and beyond.

We expect you to keep us closely informed of progress with, and expenditure on, the scheme. The simplest way to deal with this is for you to complete and return quarterly monitoring reports by the due dates and to keep us informed of other significant developments as soon as they occur.

The Government’s contribution to the scheme should be advertised in any publicity information that you produce. Ministers want to see all major local schemes which have been built or are being built with a contribution from the Department to display the DfT’s corporate logo. A copy of the logo is attached. Please use this on any signs and promotional material for the scheme. For your information, the colour on the DfT logo is coded from the Pantone Matching System as PMS 3298.

In addition, we are looking at how to incorporate positive messages in any publicity for DfT sponsored schemes showing what any disruption caused by the works will eventually bring – “improved access, new facilities” etc. We hope you will be able to do this for this scheme.

Please provide written confirmation that Cornwall Council agrees to the terms of this letter, including certification from your Section 151 Officer that the Council accepts the above terms.

I look forward to seeing progress in constructing the scheme and to its subsequent completion.

Yours sincerely,

xxxxxxxxxxxxxxx

xxxxxxxxxxxxxxx LTFGD Division Zone 2/15 xxxxxxxxxxxxxxx Great Minster House Transport for Greater Manchester 33 Horseferry Road London SW1P 4DR By e-mail xxxxxxxxxxxxxxxx Direct Line: xxxxxxxxxxxxxxx GTN No: xxxxxxxxxxxxxxx [email protected]

Web Site: www.dft.gov.uk

23 March 2015

Dear xxxxxxxxxxxxxx

Stockport Town Centre Access Plan

Following receipt of the information that has been provided regarding the above scheme, I am writing to inform you that Ministers have agreed to leave the Full (final) Approval of the Stockport Town Centre Access Plan major scheme to the Greater Manchester Combined Authority (GMCA).

The scheme is one of those approved as part of the Local Growth Fund for which funding and approval was to be retained by this Department. Given the wider devolution of funding and accountability granted to GMCA recently it has been agreed that final approval of the above scheme would be left to GMCA to take.

Subject to the scheme being approved - please let me know if and when such a decision is taken - a maximum of £73.212m of funding will be made available in the following profile:

15/16 16/17 17/18 18/19 19/20 Total 20.125 17.002 15.679 10.43 9.976 73.212

The profile may be adjusted to reflect progress on the scheme. GMCA is solely responsible for providing any further funding required. Should the scheme be approved, funding will be paid as capital grant under Section 31 of the Local Government Act 2003 and we will write to GMCA with a formal letter of grant under Section 31 of at Act.

We expect you to keep us closely informed of progress with, and expenditure on, the scheme. We will let you know shortly what the monitoring arrangements will be but we expect them to be quarterly.

We would also like to discuss with you suitable arrangements for advertising the Government’s funding in any future announcements.

I am copying this letter to xxxxxxxxxx at TfGM, xxxxxxxxxxxxx at AGMA, and xxxxxxxxxxxxx, BIS Relationship Manager for GM.

xxxxxxxxxxxxxxxxx