Cabinet considered a report on Crewe Hub Station which outlined the project development work completed to date which had identified a number of key interventions required to unlock the potential benefits to Crewe, Cheshire East and the wider region.
Prior to consideration of the report, Cabinet had received a presentation on the key features of the scheme.
1. approves the Masterplan Report for the Crewe Hub Station as outlined in Appendix 1 to the report;
2. notes the feasibility and options stage reports of the Crewe hub station and project development presented in Appendices 2 and 3;
3. approves the funding and financing principles set out in Appendix 4 of this report as the basis negotiating a Crewe Hub Regeneration and Investment Agreement with Government, and as the mechanism to underpin any local contribution; and
4. authorises the Executive Director of Place to take all necessary actions to negotiate and conclude terms with the Government and the West Coast Franchise operator to secure an appropriate funding and financing package to inform an investment decision by full Council.