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RESOLVED that Cabinet –

 

(a)      notes the position of the UK Government
Funding Award for the project;

 

(b)      approves the recommendation from the
Capital Scrutiny Group to proceed with the match funding contribution to
support Phase 1 of the Former North Wales Hospital Project in line with the
Council’s own financial procedures and the associated Capital Business Case
(Appendix 2 to the report);

 

(c)      authorises the
issue of the Grant to the Development Partner acknowledging i)
the checks that have been undertaken as a part of the Due Diligence process
required by UK Government and ii) understanding this is subject to satisfactory
subsidy control assessment, and finalisation of all
outstanding S106 and land transfer items being addressed, and

 

(d)      confirms that it has read, understood, and
taken account of the Ambition North Wales Impact Assessment as part of its
consideration.