1.
To approve the Outline Business Case for Venue Cymru subject to the
Welsh Government and UK Government's approval of the assurance process
undertaken, and Conwy County Borough Council addressing the recommendations
noted during the discussion, and request that a Full Business Case is prepared
for the Sub-committee to consider.
2.
To authorise the Portfolio Director in consultation with the Chair, the
Vice-chair, Section 151 Officer and Monitoring Officer to agree draft terms in
accordance with this report as a basis for the final funding arrangements for
the project subject to Full Business Case approval.
3.
Confirm that the approval from the Sub-committee is valid for a period
of six months and should the project not secure planning permission and proceed
to an approved Full Business Case during this period, it will be required to
return and re-present the business case to the Sub-committee for approval.