(a)
To approve the Overarching Business Plan as the document that sets out
the arrangements for delivering the North Wales Growth Deal as the basis for
completing the Final Agreement and acceptance of the Grant Funding Letter with
the UK and Welsh Governments.
(b)
To approve the provisions in Governance Agreement 2, which involve the
non-executive functions, and specifically adopt the arrangements for Scrutiny
that have been noted in "Governance
Agreement 2: Appendix 3" as the basis for completing the Final
Agreement and acceptance of the Grant Funding Letter with the UK and Welsh
Governments.
(c)
Subject to completing Governance Agreement 2, that Gwynedd Council
agrees to act as the Host Authority and the Accountable Body and signs the
letter of the Grant Funding Proposal on behalf of the Partners through the
Chief Finance Officer.
(ch) To approve the method used to
calculate the cost of borrowing, which is required in principle to facilitate
the negative cash flow for the Growth Deal, and to include a provision within
the Council Budget to pay this contribution and the established core and
supplementary contributions as set out in GA2 (and in paragraphs 5.5 - 5.7 of
the report).
(d) To delegate authority to the Chief
Executive, in consultation with the Leader, the Monitoring Officer and the
Section 151 Officer, to agree minor changes to the documents with the Partners
as necessary to complete the agreement.