Decision Maker: Executive Board

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: February 11, 2025

Purpose: Shared Prosperity Fund 2025-2026

Content: RESOLVED –   (i)       That the recommendations from the Wrexham City and County Borough UK Government Shared Prosperity Fund Stakeholder Group to move the Wrexham County Borough Council (WCBC) allocation of the Shared Prosperity Fund into one project/fund to be managed by the Council’s SPF Team and to open it up to applications be approved.   (ii)      That the arrangements for the determination of applications into the Shared Prosperity Fund in WCBC, so that a fund can be opened up for applications between £50K and £700K be approved. It would be possible to consider projects below a value of £50k, but it is proposed that such awards should be approved via a sub-fund of the main fund as outlined in paragraph 4.7 of the report.   (iii)     That the delegated decision for applications below £50K, should any WCBC sub-fund be approved, to WCBC Chief Officer for Economy and Planning in agreement with WCBC Leader and WCBC Deputy Leader, as outlined in paragraph 4.8 of this report be approved.   (iv)     That this item to be dealt with as a matter of urgent business in accordance with Section 5 (Rule 5.8.10(m)) of the Council’s Constitution.     Reason for decisions   For Members to consider the recommendations from the Stakeholder Group to re-open and re-purpose an existing SPF project to enable applications to made into the fund for new projects from a wide range of stakeholders.