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Resolved:-
 

(1)         
that approval be given to the West Midlands Deeper
Devolution Deal as set out in this report and attached Appendices,
which includes the in- principle award of the Bus Operator’s
Grant as a Mayoral function;

 
(2)         
that the
Leader of the Council is authorised to vote in favour of the Deeper
Devolution Deal when it is considered at the West Midlands Combined
Authority Board;
 
(3)         
that any
views of Cabinet on the draft Governance Review and Scheme for the
devolution of Bus Services Operator Grant (BSOG) are submitted to
WMCA by Wednesday 27 September 2023;
 
(4)         
that the
Director of Regeneration and Growth, the Director of Finance and
the Monitoring Officer are authorised to engage on the detailed
implementation of the agreed elements of the Deeper Devolution
Deal;
(5)         
that further
reports are received by Cabinet (and Council if appropriate) on
specific issues relating to the detail of the Deeper Devolution
Deal such as opt-outs and approval of the making of the Statutory
Instruments following the receipt of a draft order for
BSOG;
 
(6)         
that the
Director of Regeneration and Growth, in consultation with the
Leader of the Council, the Monitoring Officer and the Director of
Finance, undertakes such actions and exercises all necessary powers
required to give effect to the Deeper Devolution Deal where it is
considered expedient and necessary to do so;
 
(7)         
that Cabinet
note the financial benefits and risks as set out in Section 8 of
the report.