Decision Maker: North Wales Economic Ambition Board
Decision status: Approved
Is Key decision?: No
Is subject to call in?: No
1.
That
the Board agree to the change request for the Former North Wales Hospital,
Denbigh and allocate a maximum of £3.0m extra temporarily to the project in the event that the Levelling Up bid is unsuccessful and
subject to the separate approval of the Outline Business Case and Full Business
Case. No further funding for the project
will be allocated through the Growth Deal, any additional increase in costs
will have to be incurred by the Project Sponsors.
2.
That
the Board agree to the change request for the Glynllifon
Rural Economy Hub and allocate a maximum of £1.97m extra temporarily to the
project subject to the separate approval of the Full Business Case. No further
funding for the project will be allocated through the Growth Deal, any
additional increase in costs will have to be incurred by the Project Sponsors.
3.
That
the Board agree to the change request for the Enterprise Engineering and Optics
Centre and allocate a maximum of £1.7m extra temporarily to the project subject
to the separate approval of the Full Business Case. No further funding for the
project will be allocated through the Growth Deal, any additional increase in
costs will have to be incurred by the Project Sponsors.
4.
That
the Board allocate the remaining £225,000 in the Portfolio Delivery Fund to the
Last Few % project subject to the separate approval of a future change request
and a Full Business Case.
Publication date: 03/02/2023
Date of decision: 03/02/2023
Decided at meeting: 03/02/2023 - North Wales Economic Ambition Board