Issue - meetings

Alwen Williams (Portfolio Director) to present the report.

1.    That the Board support the founding principles which will underpin the strategy to achieve the investment objectives for the North Wales Growth Deal.

2.    That the Board note that the detailed investment strategy, comprising the principles and plan, will be presented to the Board in February 2024.

The report was presented by Alwen Williams (Portfolio Director).

RESOLVED

1.      That the Board supports the founding principles which will underpin the strategy to achieve the investment objectives for the North Wales Growth Deal.

2.      That the Board notes that the detailed investment strategy, comprising the founding principles and the delivery plan, will be presented to the Board in February 2024.

REASONS FOR THE DECISION

To underpin the development of the detailed strategy that will build on assurance that our collective ambition to deliver the £1bn Growth Deal for North Wales can be achieved.

DISCUSSION

The Monitoring Officer noted, having heard the presentation and on the understanding that a detailed report would be submitted to the Board in February, that he did not have comments to add. 

The Head of Finance reiterated the comment, noting that any financial information would be considered later on, therefore he had nothing to add at present.