Venue: Cyfarfod Rhithiol / Virtual Meeting. View directions
Contact: Rhodri Jones 01286 679325
No. | Item |
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APOLOGIES To note any
apologies for absence. |
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DECLARATION OF PERSONAL INTEREST To receive any declarations of Personal Interest |
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URGENT ITEMS To note any
items that are a matter of urgency in the view of the Chairman for
consideration. |
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MINUTES OF THE PREVIOUS MEETING The Chair
shall propose that the minutes of the meeting held on 06 December 2024 be
signed as a true record. |
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2024/25 REVENUE AND CAPITAL BUDGET - END OF DECEMBER 2024 REVIEW Dewi Morgan
(Host Authority Head of Finance and Statutory Finance Officer) and Sian Pugh
(Host Authority Assistant Head of Finance) to present the report. Additional documents: Decision: 1. To
note and accept the NWEAB's end of December 2024 revenue review. 2. To
note and accept the NWEAB's reserves update. 3.
To
agree the NWEAB's revised capital expenditure profile. |
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APPOINTMENT OF GROWTH DEAL SRO AND LEAD MEMBERS Alwen
Williams (Portfolio Director) to present the report. Additional documents:
Decision: 1. To
agree to the principle that the Senior Responsible Owner and Portfolio Director
roles should be separated (subject to HR advice) and undertaken by different 2. To
request a nomination from one of the six local authority Chief Executives to
act as Senior Responsible Owner (SRO) for the North Wales Growth Deal with a
view to 3.
To
agree the changes to Lead Member responsibilities across the Growth Deal. |
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2025/26 REVENUE AND CAPITAL BUDGET Dewi Morgan
(Host Authority Head of Finance and Statutory Finance Officer) and Sian Pugh
(Host Authority Assistant Head of Finance) to present the report. Additional documents:
Decision: 1.
To
approve the 2025/26 Revenue Budget. 2.
To
approve the funding contributions to include the partner contributions, local 3.
To
approve the Capital Budget for the Growth Deal. 4. To
approve the transfer of the interest received on the North Wales Growth Deal |
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NORTH WALES GROWTH DEAL - QUARTER 3 PERFORMANCE AND RISK REPORT Hedd Vaughan-Evans
(Head of Operations) to present the report. Additional documents:
Decision: 1.
To
note the Quarter 3 Performance Report and updated Portfolio Risk Register. 2.
To
approve the submission of the Quarter 3 Performance Report to Welsh 3.
To ask the Portfolio Management Office
for a further report on projects that it is anticipated will not be deliverable
within their proposed timeframes, at the next Board meeting which is programmed
for 4 April 2025.
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EXCLUSION OF PRESS AND PUBLIC The Chair shall propose that the press and public be excluded from the meeting during the discussions on the following items due to the likely disclosure of exempt information as defined in Paragraph 14 of Schedule 12A of the Local Government Act 1972 Information relating to the financial or business affairs of any particular person (including the authority holding that information). There is an
acknowledged public interest in openness
in relation to the use of public resources
and related financial issues. It is also acknowledged that there are occasions,
in order to protect the financial and commercial interests that matters related
to such information need to be discussed without being publicised.
The reports deal specifically with financial and business matters and related discussions. Publication of such commercially sensitive information could adversely affect the interests of the
bodies and the Councils and undermine
the confidence of other Growth Deal participants
in sharing sensitive information for consideration. This would be contrary
to the wider public interest of securing the best overall outcome. |
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CYDNERTH FULL BUSINESS CASE Hedd
Vaughan-Evans (Head of Operations) and Dafydd Jones (Agri-food and Tourism
Project Manager) to present the report. Decision: 1. To
approve the Final Business Case for
the Cydnerth project which is subject
to Menter Môn Morlais Ltd addressing the outstanding issues set out in the report. 2. To
authorise the Portfolio Director in consultation
with the Chair, Vice Chair, Section 151 Officer and the Monitoring Officer to agree and enter into a funding
agreement with Menter Môn
Morlais Ltd for the delivery
of the project. 3. To
note that the proposed funding model for the project is a 100% commercial
loan and approve that, once the cost of loan payments for
the loan element has been paid off,
the interest from the loan is allocated to a reserve fund to be used to fund the Portfolio Management Office in the coming years. 4.
To request an update
report on the project's progress in 6 months with
further details of fees, budgets and timescales. |
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FULL BUSINESS CASE FOR PARC BRYN CEGIN, BANGOR David Mathews
(Land and Property Programme Manager) to present the report. Decision: 1.
To approve the Full Business Case for
the Parc Bryn Cegin project. 2.
To confirm the delegated authority made on 6 December 2024 to the Portfolio Director in consultation with the Chair, Vice-chair, Section 151 Officer and the Monitoring Officer to approve and enter into the Joint Venture Agreement. |
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RESPONSIBLE ADVENTURE OUTLINE BUSINESS CASE Elliw
Hughes (Growth Deal Programme Manager) to present the report. Decision: 1.
To
approve the Outline Business Case for the Responsible Adventures project,
subject to Welsh and UK Government approval of the assurance process
undertaken, as well as Zip World addressing the issues set out in the Report. 2.
To request a further report to
address three specific concerns before inviting a Full Business Plan for
the Responsible Adventures project, and inviting the company to greet these
within a 3 month period; specifically: ·
To provide a developed Local Benefits Scheme
following engagement with the local communities; ·
To
prepare a Strategy and operational principles for the e-bus; ·
To
provide a progress report on the Engagement Plan 3.
To delegate the final approval of the
procurement specifications and social value criteria to the Portfolio Director,
in consultation with the Chair, Vice-chair, Section 151 Officer and Monitoring
Officer prior to commencement of procurement. 4.
To
authorise the Portfolio Director, in consultation with the Section 151 Officer
and the Monitoring Officer, to agree draft terms in accordance with this
report, to be approved by the Economic Ambition board as the basis for the
final funding arrangements for the project which will formally form the basis
of the Grant Offer Letter agreed by the Board at the Full Business Case stage. |
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GLYNLLIFON RURAL ECONOMY HUB CHANGE REQUEST Elliw
Hughes (Growth Deal Programme Manager) and Dafydd Jones (Agri-food and Tourism
Project Manager) to present the report. Decision: 1. To
agree to the change request for the Glynllifon Rural Economy Hub
project and subject to the remaining
matters, ask Grŵp
Llandrillo Menai to undertake the necessary
activity to submit the relevant business cases for consideration. 2. To
confirm that the revised scope of the project will be achieved within the current funding allocation for the project and that no further funding
for the project will be provided from the Growth Deal as a result of this change. 3. To
support the principle of considering a separate project in the future for
the delivery of the incubators
and ask the Portfolio Management Office to continue discussions with interested parties to explore this option. |