Greenwich Council

Issue details

Crossrail - Woolwich Station box fit-out contribution

1.            To note a contribution of £15m is to be made to Transport for London in respect of the fit-out of the Woolwich Crossrail Station, as set out in the agreement letter dated 24 July 2013 between the Leader of Greenwich and Ed Lister of TfL.

2.            To note the contribution is to be funded from Borough CIL and section 106 receipts.

3.            To agree the payment timetable and release of an initial catch-up payment of £3,962,837.33 consisting of £1,586,232.57 of secured Borough CIL and £2,376,604.76 of secured s.106 monies.

4.            To delegate to the Director of Regeneration Enterprise and Skills authority to approve future payments with respect to this commitment.

5.            To note the funding utilisation is in accordance with the published CIL infrastructure (Regulation 123) list (Transport).

Decision type: Non-Key

Decision status: Recommendations Approved

Wards affected: Woolwich Riverside;

Notice of proposed decision first published: 20/04/2018

Decision due: 25 Apr 2018 by Leader of the Council

Lead director: Director of Regeneration, Enterprise and Skills

Department: DRES

Contact: Richard Millgate, Finance Manager Email: richard.millgate@royalgreenwich.gov.uk Tel: 020 8921 2735, Michael Horbatchewskyj, Senior Principal Accountant Email: michael.horbatchewskyj@royalgreenwich.gov.uk.

Decisions

Documents