Decision details

KEY DECISION     

Following consideration of the officer report, appendices and discussion, the Executive:

a.    Approved the proposed Integration Plan for the Heart of the South West Local Enterprise Partnership (HotSW LEP) and the transfer of the LEP functions into the Council.

b.    Delegated responsibility to the Service Director – Economy, Employment and Planning, in consultation with the Lead Member for Economic Development, Planning and Assets for establishing the Somerset Economic Growth Board and the implementation of the Integration Plan.

c.     Delegated to the Executive Director – Resources & Corporate Services (Section 151 Officer) to finalise a transfer arrangement and agreements with Devon, Plymouth and Torbay councils that cover operational implementation of the LEP functions; allocations of LEP residual funding, resources, and assets as set out in the finance and risk section.

d.    Agreed the case for applying the exempt information provision as set out in the Local Government Act 1972, Schedule 12A and therefore to treat the attached confidential Appendix 01 in confidence, as it contains commercially sensitive information, and as the case for the public interest in maintaining the exemption outweighs the public interest in disclosing that information.

ALTERNATIVE OPTIONS CONSIDERED: As set out in the officer report

REASON FOR DECISION: As set out in the officer report