Decision details

To approve the Outline Business Case for the Wrexham Business Gateway Project, subject to the approval of Welsh Government and UK Government to the assurance process held, and that Wrexham University addresses the matters noted in the report, as described in Section 7, and ask for the Full Business Case to be prepared for the Sub-committee's consideration.

To authorise the Portfolio Director in consultation with the Chair, the Vice-chair, the Section 151 Officer and the Monitoring Officer to agree on draft terms in accordance with this report as a basis for the final funding arrangements for the project to be committed subject to Full Business Case approval.

That the approval from the Sub-Committee is valid for a period of twelve months and should the project not proceed to an approved Full Business Case during this time, it will be required to return and re-present the business case to the Sub-committee for approval. 

To note the intention to split the funding between the Growth Deal and Investment Zone and that this position will be confirmed at Full Business Case stage.