PORT OF MOSTYN UPGRADE PROGRAMME, BUSINESS JUSTIFICATION CASE+
David Mathews,
Land and Property Programme Manager, to present the report.
Decision:
The Business Justification Case (BUSINESS JUSTIFICATION CASE+) was
approved for the Port of Mostyn Upgrade Programme, subject to the Welsh
Government and UK Government's approval of the assurance process undertaken.
The Portfolio Director, in consultation with the Chair, the Vice-chair,
the Section 151 Officer and the Monitoring Officer, was delegated to confirm
the final post-procurement benefits and costs, in accordance with the approved business case
and enter into a funding agreement with Port of Mostyn Ltd for the delivery of
the project, subject to the Port addressing the outstanding issues in section 7
of the report and securing all necessary internal approvals for the project.
To confirm that the approval from the Sub-committee is valid for a period
of six months and should the project not proceed to a signed funding agreement
during this time, it will be required to return and re-submit the business case
to the Sub-committee for approval.