Posted: Wed 25th Jan 2017

Local Authorities To Vote On City Deal

This article is old - Published: Wednesday, Jan 25th, 2017

Further to signing the Heads of Terms Agreement between the ten local authorities in the Cardiff Capital Region (CCR) as well as the UK and Welsh Governments in March 2016, each of the local authorities must formally approve a Regional Cabinet comprising of the relevant local authority leaders. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

The Regional Cabinet, currently in a shadow status, will oversee the region’s economic growth and delivery of the proposals under the City Deal. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

The City Deal comprises an investment programme of £1.2billion into the regional economy, including £734m for the creation of a South East Wales Metro transport scheme. Each authority must approve a commitment by the ten authorities to borrow a total of £120million as part of the CCR City Deal Wider Investment Fund. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

The CCR Shadow Regional Cabinet of local authority leaders indicated in its meeting on January 6, 2017, that it would like each authority to have agreed to these commitments by February, 2017 – enabling the Regional Cabinet to come out of its Shadow status from March 1, 2017. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

Councillor Andrew Morgan, Chair of the CCR Shadow Joint Cabinet, and Leader of Rhondda Cynon Taf County Borough Council, said: “This is an important part of the City Deal process. The ten authorities have worked extremely closely over the past 16 months to get the City Deal to this position, but support for the City Deal from those authorities’ members is critical if we are to collectively take this hugely exciting Deal forward. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

“Together we can bring about an economic and social step-change in the Cardiff Capital Region, through improved transport, supporting innovation, an improved digital network, developing skills, supporting enterprise and business growth, and through housing development and regeneration. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

The ten local authorities are: Blaenau Gwent, Bridgend, Caerphilly, Cardiff, Merthyr, Monmouthshire, Newport, Rhondda Cynon Taf, Torfaen, Vale of Glamorgan. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​



Spotted something? Got a story? Email News@News.Wales



More from Bridgend Council

Bridgend Council reveals final budget proposal for 2024-25 financial year

Bridgend Council

Legal Action Threatened Against Allotmenteers in Bridgend

Bridgend Council

Plans Agreed for New Wetland Habitat in Bridgend

Bridgend Council

Lessons Learned from Maesteg Town Hall Delays Inform Porthcawl Grand Pavilion Redevelopment

Bridgend Council

“Bridgend Council Report Reveals Poor Attendance and Completion Rates at Councillor Training Sessions”

Bridgend Council

Bridgend Council Proposes Scrapping Security Patrols at Local Homeless Hostel

Bridgend Council

Latest from News.Wales

Brighter Financial Position for Blaenau Gwent as Reserves Decrease in 2023/2024 Budget

Blaenau Gwent Council

Homeowner in Cwmbran Refused Planning Permission for Removal of Hedge to Create Parking Space

Torfaen Council

Claims of Potential £10 Million Annual Target Sparks Concerns Over County Farms Sales

Powys Council

Ceredigion Household Waste Site Faces Closure Amid Council’s Budget Crisis

Ceredigion Council

Newport Council Leader Disputes Lower Council Tax Rise Demands

Newport Council

Proposed 8% Council Tax Rise for Merthyr Tydfil Residents in 2024/25

Merthyr Tydfil County Borough Council