ENTERPRISE ENGINEERING & OPTIC CENTRE CHANGE REQUEST
Elliw
Hughes (Growth Deal Programme Manager Manager) to present the report.
Decision:
1.
To approve the request for change for the
Enterprise, Engineering and Optics Centre project, making the following
changes:
2.
That approval be given for an additional Growth
Deal investment of £446,041 to enable the project to progress to the delivery
phase, subject to the funding being fully spent within the 2025-26 financial
year. This investment will generate a number of additional benefits, including
confirmed match funding of £250,898 from Wrexham University and the creation of
six full-time equivalent jobs for the region.
Minutes:
The report was
presented by the Growth Deal Programme Manager.
RESOLVED
1.
To approve the request for change for the Enterprise, Engineering and
Optics Centre project, making the following changes:
2.
That approval be given for an additional Growth Deal investment of
£446,041 to enable the project to progress to the delivery phase, subject to the
funding being fully spent within the 2025-26 financial year. This investment
will generate a number of additional benefits,
including confirmed match funding of £250,898 from Wrexham University and the
creation of six full-time equivalent jobs for the region.
REASONS FOR THE DECISION
To seek the
Sub-committee's approval to the request for change for the Enterprise,
Engineering and Optics Center for additional Growth
Deal investment.
DISCUSSION
The Report was discussed.