Purpose

 
Update on the proposals,
emerging investment plan and consideration of the Council’s
response to the Investment Zone and its future role in the
EMIZ.
 

Decision

RESOLVED
that 1) the EMIZ proposals be supported on behalf of
the Council, 
 
2) delegated authority be
granted to the Council’s Chief Executive Officer to accept
and nominate officers to represent the Council on the proposed
Development Board and nominate officers to represent the Council in
any part of the interim or eventual governance structure for the
EMIZ as appropriate and when offered,
 
3) to allocate £20,000
from the Transformation Reserve for business case
developmentand other related
costs.