Decision details

RESOLVED that Cabinet –

(a)      notes the position of the UK Government Funding Award for the project;

(b)      approves the recommendation from the Capital Scrutiny Group to proceed with the match funding contribution to support Phase 1 of the Former North Wales Hospital Project in line with the Council’s own financial procedures and the associated Capital Business Case (Appendix 2 to the report);

(c)      authorises the issue of the Grant to the Development Partner acknowledging i) the checks that have been undertaken as a part of the Due Diligence process required by UK Government and ii) understanding this is subject to satisfactory subsidy control assessment, and finalisation of all outstanding S106 and land transfer items being addressed, and

(d)      confirms that it has read, understood, and taken account of the Ambition North Wales Impact Assessment as part of its consideration.