Issue - meetings
LCTT Fund - CHI/17/315
Meeting: 01/02/2018 - Finance, Policy and Resources Committee (Item 17)
17 Low Carbon Travel Transport Fund - CHI/17/315 PDF 104 KB
Additional documents:
Decision:
(i) to note Aberdeen City Council’s potential participation in Transport Scotland’s Low Carbon Travel and Transport (LCTT) Challenge Fund;
(ii) to note that participation is subject to:-
(a) Submission of a successful application to the LCTT Challenge Fund for grant funding of £1,014,772; and
(b) Submission of a final business case for the project to a future Policy & Resources Committee;
(iii) to note that potential match funding from the Council of £434,903 towards the capital cost of the project Council will come from the existing AECC contingency budget; and
(iv) to note the draft business model which has been developed for the operation of the AECC Refuelling Hub and the associated expenditure and revenue streams.
Minutes:
The Committee had before it a report by the interim Director of Communities, Housing and Infrastructure which provided an update on Transport’s Scotland Low Carbon Travel and Transport Fund.
The report recommended:-
that the Committee –
(a) note Aberdeen City Council’s potential participation in Transport Scotland’s Low Carbon Travel and Transport (LCTT) Challenge Fund;
(b) note that participation was subject to:-
(1) Submission of a successful application to the LCTT Challenge Fund for grant funding of £1,014,772; and
(2) Submission of a final business case for the project to a future Policy & Resources Committee;
(c) note that potential match funding from the Council of £434,903 towards the capital cost of the project Council would come from the existing AECC contingency budget; and
(d) note the draft business model which had been developed for the operation of the AECC Refuelling Hub and the associated expenditure and revenue streams.
The Committee resolved:-
to approve the recommendations.