Decision Maker:

Outcome: Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: November 8, 2024

Purpose:

Content: 1.     To approve the 2024 update of the Portfolio Business Case and its submission to the Welsh Government and UK Government as part of the annual award of funding process.   2.     To request that the Portfolio Director submit all required documentation and change request form to the Welsh and UK Governments as part of the annual award of funding process and delegate to the Portfolio Director, in consultation with the Vice-chair of the North Wales Ambition Board, the Monitoring Officer and the s151 Officer, authority to negotiate with the Welsh Government and UK Government on the timing of the award of funding and to make any minor amendments for either government.   3.     To note the Gateway Review report and request that the Portfolio Director develop an action plan to address the recommendations.   4.     To approve the withdrawal of the Deeside Anaerobic Digestion plant project from the North Wales Growth Deal.   5.     To agree the approach to projects that are at risk of reallocation of funding and ask the Portfolio Director to initiate the process and report to the Board on the main decision points set out in Appendix 5.   6.     To arrange a meeting with relevant Welsh Government and UK Government Ministers, ensuring that additional strategic matters are arranged in advance to provide further certainty in the North Wales Economic Ambition Board Portfolio Business Case.