Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Following consideration of the officer report and discussion the Cabinet RESOLVED to recommend to Council to:
(a) Note the progress report setting out the work of the Heart of the South West (HotSW) Joint Committee since its establishment in March 2018;
(b) Agree to delegate the development and endorsement of the HotSW Local Industrial Strategy (LIS) to the HotSW Joint Committee (noting that final approval of the HotSWLIS rests with the HotSW Local Enterprise Partnership (LEP) and the Government);
(c) Note the Budget statement for 2018/19 set out in Appendix B and that in accordance with the decisions taken at the time the Committee was established, the Council is asked to make provision for a financial contribution towards the costs of the Joint Committee for 2019/20 in line with the 2018/19 contribution (£10,500). A further budget update will be provided in advance of the 2019/20 financial year and any additional contribution requested (including in-year) will be submitted as a fully costed agreed proposal within a work programme and only after all other potential sources of funding have been exhausted.
(d) Agree the Budget and Cost-sharing Agreement set out in Appendix B to this report.
ALTERNATIVE OPTIONS CONSIDERED: As set out in the officer report
REASON FOR DECISION: As set out in the officer report
Publication date: 20/11/2018
Date of decision: 19/11/2018
Decided at meeting: 19/11/2018 - Cabinet