(i) to note a confirmed contribution of £3,000,000 from the Scottish Government towards the project;
(ii) to note the current position of the Bus Operator’s Agreement and Financial Contribution; and
(iii) to approve participation in the Office of Low Emission Vehicles (OLEV)’s HTP Grants Programme to further develop the JIVE Project and, pursuant to such participation:-
(1) Submission of an application to OLEV to secure additional funding of £1,195,137 to support the development of the JIVE project;
(2) Expenditure of that grant funding and £1,792,000 from budget approved from the Non-Housing Capital Programme on 23 August 2017;
(3) The signing of or entry into legal agreement or other documentation, subject to approval by the Head of Legal and Democratic Services in consultation with the Head of Economic Development.