This report ask the Executive to approve the A421 Memo of Understanding between CBC, MKC and SEMLEP that sets out how the parties will work together (including funding contributions) to deliver the scheme and seeks permission to pursue Compulsory Purchase Order powers.

1.      To authorise the Director of Community Services, in consultation with the Executive Members for Community Services and Regeneration, to negotiate the terms of the Memorandum of Understanding between Central Bedfordshire Council (CBC), Milton Keynes Council (MKC) and South East Midlands Local Enterprise Partnership (SEMLEP) that sets out how the parties will work together to deliver the A421 dualling scheme and once all parties are in agreement.

2.      That Council officers continue preparatory work for the acquisition of the land required for the scheme, including compulsory purchase if that proves necessary; if a Compulsory Purchase Order (CPO) is required, this will be reported to full Council at a later date.

3.      To instruct officers as part of Medium Term Financial Plan process to identify options to reduce the Capital Programme by £3m such that the addition of this project does not increase the overall net capital spend of the Council.

RECOMMENDED to Council

that £3m be added to the Capital Programme for this scheme.