14 United Utilities Green Recovery Fund Grant Acceptance
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Cabinet is asked to approve the acceptance of a United Utilities Green Recovery Fund (UUGRF) grant allocation following confirmation of award from United Utilities Plc in October 2023.
Additional documents:
Minutes:
The Cabinet received a report of the Deputy Chief Executive (Place) that asked members to approve the acceptance of the £1,991,000 United Utilities Green Recovery Fund (UUGRF) grant allocation following confirmation of an award from United Utilities Plc in October 2023.
Oldham Council’s Highways and Engineering Team had submitted various applications seeking financial support to increase the National Capital Value (NCV) of Oldham. The submissions were based on four emerging projects in Oldham town centre, namely: West Street; Rock Street; Market Street; and Curzon Street. All of these projects were to be delivered by March 2025 and the grant award received from United Utilities was intended to supplement and match funding from the Mayor’s Cycling and Walking Challenge Fund that was already secured for these projects.
Options/alternatives considered:
Option 1 was to do nothing. Failure to accept the grant allocation of United Utilities Green Recovery Fund would reflect negatively on the perception of the town and its ambitions. It would also have significant implications for delivery on the overarching project budgets and, therefore, the achievement of regeneration ambitions and objectives in Oldham Town Centre.
Option 2 was to formally accept the United Utilities Green Recovery Fund award allocation for £1.991m and enter the FCA as set out in this report. the preferred Option was therefore Option 4.1 Option 2, as this would help to ensure delivery of the projects in the agreed timescales and budgets and, therefore, achieve the regeneration ambitions and objectives in Oldham Town Centre.
Cabinet was informed that the Chair of the relevant Scrutiny Body had permitted this item to be considered at this meeting of the Cabinet, without prior notification on the Authority’s forward plan of Key Decisions in accordance with Rules 13 and 14 of the Constitution.
Resolved:
1. Cabinet approved the acceptance of the £1.991m United Utilities Green Recovery Fund grant against the increased National Capital Value criteria specified by Ofwat in collaboration with United Utilities Plc. The grant, it was noted would be broken down for spend against the following schemes; West Street – an allocation of £441,000 to increase sustainable urban drainage capacity and reduce surface water volume entering the combined sewerage system, and increase amenity space - dwell space, pedestrian/cycle provisions and increase soft landscaping infrastructure; Rock Street – an allocation of £700,000 to increase sustainable urban drainage capacity and reduce surface water volume entering the combined sewerage system, increase amenity space on former brownfield site, improve connectivity for disabled and vulnerable road users i.e. pedestrian/cycle provisions and increase in soft landscaping infrastructure to facilitate a new public amenity space in the form of a park; Market Street – an allocation of £600,000 to increase sustainable urban drainage capacity and significantly reduce surface water volume entering the combined sewerage system, increase amenity space i.e. dwell space, pedestrian/cycle provisions and increase in soft landscaping infrastructure; and Curzon Street – an allocation of £250,000 to increase sustainable urban drainage capacity and significantly reduce surface water volume entering the combined sewerage system, increase amenity ... view the full minutes text for item 14