§ Mr. Gwilym Jones
Trinity Investments has been awarded, in principle, an urban investment grant not exceeding £3.5 million. The grant is subject to the conclusion of a legal agreement between the Welsh Development Agency and Trinity Investments.
Railtrack is not in receipt of grant.
Trinity Investments is responsible for the appointment of contractors to undertake the scheme. The tendering procedures do not involve the Department. Offer of grant is conditional upon a start on site by 31 March 1997. If the developer fails to start then, the project is subject to review.