Purpose

To establish required arrangements to
transition functions from the Marches Local Enterprise Partnership
(LEP) to commence from April 2024, following government’s
announcement in August 2023 that they will no longer provide
funding to LEPs with functions to be alternatively led by Local
Authorities.

Decision

a) That a Joint
Committee is established with Shropshire Council and Telford &
Wrekin Council to (i) oversee, manage and distribute the assets,
functions and responsibilities of the Marches Enterprise
Partnership during the transition period and (ii) exercise
executive functions as required to enable the transition of LEP
functions.
 
 b) Delegate to the Corporate Director for Economy
and Environment, in consultation with the Leader of the Council,
authority to agree the final Terms of Reference with partner
councils.