1. That
the Board approve the 2023 update of the Portfolio Business Case including the
associated change request and its submission to Welsh Government and UK
Government as part of the annual award of funding process.
2. That the Board request that the
Portfolio Director submit all required documentation and change request form to
Welsh and UK Government as part of the annual award of funding process and
delegate to the Portfolio Director, in consultation with the Chair and the Vice
Chair of the North Wales Economic Ambition Board, the Monitoring Officer and
the S151 Officer, authority to negotiate with Welsh Government and UK
Government on the timing of the award of funding and to make any minor
amendments as requested by either government.
3. That the Board notes the need for the
Gateway Review report to be submitted to the Welsh Government and the UK
Government as part of the Portfolio Business Case and requests that the
Portfolio Director develops an action plan for the Board's consideration to
address the recommendations once the final report has been received.