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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 icon 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.