Decision Maker: Executive Board

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: March 11, 2025

Purpose: Transfer of the North Wales Growth Deal to the North Wales Corporate Joint Committee

Content: RESOLVED – That the Executive Board:   (i)         Agree to enter into a Partnering and Funding Agreement, as set out in Appendix 2 of report COGC/15/25 whereby the role of Accountable body, responsibility for the delivery of the North Wales Growth Deal and funding arrangements for the Growth Deal are transferred to the North Wales Corporate Joint Committee on or before the 31st of March 2025.   (ii)        Agree to novate and assign as required the delivery of the North Wales Growth Deal and rights and obligations in all incoming funding agreement held by Cyngor Gwynedd as Accountable Body on behalf of the North Wales Economic Ambition Board (“NWEAB”) transfer to the North Wales Corporate Joint Committee (“NWCJC”).   (iii)       Agree to transfer and novate and or assign all interests in the portfolio of projects funded by the North Wales Growth Deal together with any ancillary agreements, charges and leases from Cyngor Gwynedd as Accountable Body on behalf of NWEAB to the NWCJC.   (iv)      Agree to the transfer and /or assignment of all financial balances, monies due and assets as held on behalf of the North Economic Ambition Board by Cyngor Gwynedd to the North Wales Corporate Joint Committee.   (v)       Delegate authority to the Chief Executive, in consultation with the Monitoring Officer and Section 151 Officer, to agree and execute the final form agreements, deeds and all other legal documents necessary to implement the transfers referred to at recommendations (i), (ii) and (iii) above.   (vi)      That on completion of the Partnering and Funding Agreement agree to the termination of the GA2 agreement and the winding up of the North Wales Economic Ambition Board Joint Committee.   (vii)     Agree to the transfer of accountability to the CJC and that the CJC accept responsibility for decision making for the implementation of the North Wales Growth Deal subject to novation of the Growth Deal and approval of additional Standing Orders incorporating the key terms of the Joint Working Agreement (“GA2”) between the 6 Constituent Councils and 4 Education parties.   Reason for decisions   Following the in-principle decisions of the executives of Conwy County Borough Council, Denbighshire County Council, Flintshire County Borough Council, Cyngor Gwynedd, Isle of Anglesey County Council, Wrexham County Borough Council (the “Constituent Councils”); to transfer the implementation of the North Wales Growth Deal to the NWCJC the report makes recommendations for decisions to implement and facilitate the proposed transfer on or before 31 March 2025.