Purpose

Transfer of the North Wales Growth Deal to the North Wales
Corporate Joint Committee

Content

RESOLVED – That the
Executive Board:

 

(i)         Agree
to enter into a Partnering and Funding Agreement, as set out in Appendix 2 of
report COGC/15/25 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 31st of March 2025.

 

(ii)        Agree to novate 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 of the North Wales
Economic Ambition Board (“NWEAB”) transfer to the North Wales Corporate Joint
Committee (“NWCJC”).

 

(iii)       Agree
to transfer and novate and 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.

 

(iv)      Agree to the transfer and /or assignment of
all financial balances, monies due and assets as held on behalf of the North
Economic Ambition Board by Cyngor Gwynedd to the North Wales Corporate Joint Committee.

 

(v)       Delegate
authority to the Chief Executive, in consultation with the Monitoring Officer
and Section 151 Officer, to agree and execute the final form agreements, deeds
and all other legal documents necessary to implement the transfers referred to
at recommendations (i), (ii) and (iii) above.

 

(vi)      That on
completion of the Partnering and Funding Agreement agree to the termination of
the GA2 agreement and the winding up of the North Wales Economic Ambition Board
Joint Committee.

 

(vii)     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 novation of the Growth Deal and approval of additional
Standing Orders incorporating the key terms of the Joint Working Agreement
(“GA2”) between the 6 Constituent Councils and 4 Education parties.

 

Reason for
decisions

 

Following the in-principle
decisions of the executives of Conwy County Borough Council, Denbighshire
County Council, Flintshire County Borough Council, Cyngor Gwynedd, Isle of
Anglesey County Council, Wrexham County Borough Council (the “Constituent
Councils”); to transfer the
implementation of the North Wales Growth Deal to the NWCJC the report makes recommendations
for decisions to implement and facilitate the proposed transfer on or before 31
March 2025.