Investment Zone Update & Response to Economy & Culture Scrutiny Committee's Place Based Economic Interventions Inquiry

May 28, 2026 Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

The Cabinet of Cardiff Council on 28 May 2026 approved recommendations and delegated authority. Authority was delegated to the Director of Development & Growth to finalise a Memorandum of Understanding relating to Non-Domestic Rates within the Investment Zone. Authority was also delegated to the Chief Executive to finalise arrangements for the Council's participation on the Investment Zone Advisory Board.

Full council record

Decision

RESOLVED: that

a)    progress on the Investment Zone be noted.

b)    authority be delegated to the Director of Development & Growth in consultation with the Cabinet Member for Investment, Employment & Inclusive Growth, the Section 151 Officer and the Monitoring Officer to finalise, approve and sign a Memorandum of Understanding relating to retained Non-Domestic Rates within the Cardiff Capital Region Investment Zone.

c)    the response to the recommendations of the Economy & Culture Scrutiny Committee’s Place Based Economic Interventions Inquiry be approved.

d)    Authority be delegated to the Chief Executive to finalise arrangements relating to the Council’s participation on the Investment Zone Advisory Board.

Related Meeting

Cabinet - Thursday, 28th May, 2026 2.00 pm on May 28, 2026

Supporting Documents

2026-05-28 Investment Zone.pdf

Details

ReferenceCall-ins0
OutcomeRecommendations Approved
Decision date28 May 2026
Subject to call-inYes