Agenda and decisions

To elect a Chair until the next Annual Meeting of the Board.

Resolved to elect Councillor Mark Pritchard as Chair until the next Annual Meeting of the Board.

To elect a Vice-chair until the next Annual Meeting of the Board, in the event of a vacancy.

Resolved to elect Councillor Charlie McCoubrey as Vice-chair until the next Annual Meeting of the Board.

To note any apologies for absence.

To receive any declarations of Personal Interest

To note any items that are a matter of urgency in the view of the Chairman for considerartion.

The Chair shall propose that the minutes of the meeting held on 8 November 2024 be signed as a true record.

David Mathews (Land and Property Programme Manager) to present the report.

·         To agree in principle to the change request for the grant recipient for the Former North Wales Hospital project.

·         To delegate the power to the Portfolio Director in consultation with the Chair, Vice Chair, Section 151 Officer and Monitoring Officer to agree the detail of the change requests including any further amendments that may be requied to complete and enter into the Grant Funding Agreement.

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.

David Mathews (Land and Property Programme Manager) and Margaret Peters (Land and Property Project Manager) to present the report.

1.    To approve the Outline Business Case for the Parc Bryn Cegin project, subject to Welsh and UK Governments' approval of the assurance process, and Ambition North Wales addressing the matters set out in the report, as described in Section 7, and recommend to the NWEAB that a Full Business Case is prepared for the Board to consider.

2.    To accept that the approval of the Outline Business Case will act as approval for the project change request to reduce the project scope for Phase 1 from 3,000 square metres to 1,856 square metres of proposed new employment units.

3.    To agree the revised process which will see a Full Business Case presented upon the completion of the Joint Venture Agreement and confirmation of Welsh Government funding prior to commencing procurement.

4.    To agree the principles of the Joint Venture proposal as set out and delegate to the Portfolio Director in consultation with the Chair, Vice-Chair, Section 151 Officer and Monitoring Officer to approve and enter into the agreement.

5.    To note the forecast return as part of the Joint Venture Agreement and approve in principle (subject to confirmation at Full Business Case) that the income received is allocated to a reserve to be used to fund the Portfolio Management Office in future years.

6.    To hold further discussions on Phase 2 of the Project following the completion of Phase 1.

Elliw Hughes (Growth Deal Programme Manager) and Dafydd Jones (Agri-food and Tourism Project Manager) to present the report.

·         To agree to the change request for the Responsible Adventure project and provisionally include the swing at the Penrhyn site into the project, subject to planning consenting.

·         To confirm that no further funding for the project will be provided from the Growth Deal, with the additional cost associated with the change request to be funded by the Project Sponsor.