Decision details

To provide an update on the Regional Transport Plan as developed through the Wales Corporate Joint Committee.

(a)       That Cabinet agrees to enter into a Partnering and Funding Agreement (Appendix 2) whereby the role of Accountable body, responsibility for the delivery of the North Wales Growth Deal and funding arrangements for the Growth Deal are transferred to the North Wales Corporate Joint Committee on or before the 31^st March 2025;

(b)       That Cabinet agrees to transfer and assign as required the delivery of the North Wales Growth Deal and rights and obligations in all incoming funding agreement held by Cyngor Gwynedd as Accountable Body on behalf o the North Wales Economic Ambition Board (“NWEAB”) transfer to the North Wales Corporate Joint Committee (“NWCJC”);

(c)        That Cabinet agrees to transfer or assign all interests in the portfolio of projects funded by the North Wales Growth Deal together with any ancillary agreements, charges and leases from Cyngor Gwynedd as Accountable Body on behalf of NWEAB to the NWCJC;

(d)       That Cabinet agrees to transfer and/or assign all financial balances, monies due and assets as held on behalf of the North Wales Economic Ambition Board by Cyngor Gwynedd to the NWCJC;

(e)       That Cabinet delegates authority to the Chief Executive, in consultation with the Monitoring Officer, Section 151 Officer and the Leader of the Council, to agree and execute the final form agreements, deeds and all other legal documents necessary to implement the transfers referred to at resolution (a), (b) and (c) above;

(f)        That on completion of the Partnering and Funding Agreement, Cabinet agrees to the termination of the GA2 agreement and the winding up of the North Wales Economic Ambition Board Joint Committee; and

(g)       That Cabinet agree to the transfer of accountability to the CJC and that the CJC accept responsibility for decision making for the implementation of the North Wales Growth Deal subject to transfer of the Growth Deal and approval of additional Standing Orders incorporating the key terms of the Joint Working Agreement (“GA2”) between the six Constituent Councils and four Education parties.