Decision details

1.1 To agree to allow Cyngor Gwynedd to undertake the 'lead authority' role for the UK Shared Prosperity Fund in North Wales on behalf of the six North Wales counties. 

1.2. To agree on the regional governance structures for the UK Shared Prosperity Fund in North Wales as outlined in the report.

1.3. To authorise the Head of Economy and Community Department – in consultation with the Head of Finance Department, the Head of Legal Services and the Chief Executive – to establish an inter-authority legal agreement and funding conditions with the other North Wales authorities to protect Gwynedd Council's interests.

1.4. To agree to the local governance structures for the UK Shared Prosperity Fund in Gwynedd as outlined in the report.

1.5. To authorise the establishment of the Shared Prosperity Fund: Gwynedd Panel to include the Council Leader and Deputy Leader, Finance Cabinet Member, Chief Executive, Head of Economy and Community Department, Head of Finance and Head of Legal Services, together with the right to appoint a delegate on the Panel, to confirm which projects will be selected to receive funding on the basis of the criteria noted in sections 3.30 and 3.31 of the report.