Issue details - South Devon Link Road Funding

South Devon Link Road Funding

Confirmation of Torbay's financial contribution to match fund Devon County Council and the Department of Transport contributions to enable delivery of South Devon Link Road (SDLR). Estimated requirement between £15 and £20 million. Final bid for funding from Secretary of State to be submitted in September 2011.

Decision type: Key

Reason Key: Revenue Budget variation +£250,000;

Decision status: Recommendations Approved

Wards affected: (All Wards);

Decision due: 13 Jul 2011 by Council

Lead member: Executive Lead for Safer Communities and Transport, Mayor and Executive Lead for Employment and Regeneration, Finance and Audit

Lead director: Charles Uzzell

Contact: Les Crump, Executive Head of Spatial Planning Email: les.crump@torbay.gov.uk, Paul Looby, Executive Head of Finance Email: paul.looby@torbay.gov.uk.

Consultation process

Meetings and circulation of papers

Consultees

Devon County Council, Department of Transport and Place Policy Development Group

Reason for inclusion in Forward Plan: Delivery of the South Devon Link Road (SDLR) is fundamental to the regeneration of Torbay. It will bring opportunities for growth and increase economic prosperity. It is therefore vital to improving and sustaining Torbay's fragile economy.

Key Risks: If the Minister does not approve the funding bid it is likely that the Council will not pursue SDLR until at least after the Spending Review Period.

If you want to make representations contact:: Les Crump, telephone (01803) 207656, fax (01803) 208882, email les.crump@torbay.gov.uk

Agenda items

13/07/2011 - Council Match Funding for South Devon Link Road 13/07/2011