RESOLVED:

That Cabinet agreed to:

1.     Establish a Joint Committee with Herefordshire Council and Telford & Wrekin Council to (a) oversee, manage and distribute the assets, functions and responsibilities of the Marches Enterprise Partnership and (b) exercise executive functions as listed in paragraph 7.9 below.

2.     Delegate to the Executive Director Place in consultation with the Executive Director Resources, authority to make necessary arrangements, as the accountable body, for the management of resources, staff and responsibilities of the LEP in accordance with Government guidelines.

3.     Delegate authority to the Executive Director Resources and Executive Director Place, in consultation with the Leader of the Council, to establish appropriate management arrangements, including funding and staffing for the Council to discharge its responsibility as the ‘Accountable Body’.

4.     Delegate to the Executive Director Place, in consultation with the Leader of the Council and Executive Director of Resources (Section 151 Officer), authority to agree the final Terms of Reference with partner councils.