Issue - meetings

RESOLVED:

That Members recognise the progress of work on the Investment Zone and

supports the Council to work with Wrexham County Borough Council and

the Corporate Joint Committee to work at risk through the required

Gateways outlined over the next six months, to secure the funding of

£160m over the next 10 years.

INVESTMENT ZONE FOR FLINTSHIRE AND WREXHAM (link to recording)

The Enterprise and Regeneration Manager introduced the report to update Members on the development of the Flintshire and Wrexham Investment Zone to date and seek approval for the next steps to take the programme through the joint UK / WG Gateway process.  He provided background information and advised that the report provided a summary of the Investment Zone programme and the progress made to date on its development in Flintshire and Wrexham. Whilst the announcement of a General Election created a degree of uncertainty to the process, development work on the Investment Zone has continued in readiness for further discussion with the two governments post-election. 

The Enterprise and Regeneration Manager reported on the key points as detailed in the report and the Gateway 1 submission document.

Councillor David Coggins-Cogan referred to the tax incentives/grants available to attract businesses to operate in the Investment Zone and asked that the tax arrangements of large multi-national companies be taken into consideration. 

RESOLVED:

That Members recognise the progress of work on the Investment Zone and

supports the Council to work with Wrexham County Borough Council and

the Corporate Joint Committee to work at risk through the required

Gateways outlined over the next six months, to secure the funding of

£160m over the next 10 years.