Freeport – update and approval of Agreement
To submit the report of the Head of Regulation and Economic Development.
Additional documents:
Decision:
It was resolved –
· To approve the signing of the proposed Memorandum of Understanding (MoU) between the UK Government, Welsh Government, the Isle of Anglesey County Council as the Accountable Body, and the Porthladd Rhydd Ynys Môn as the Governing Body.
· That in respect of previous Executive decisions made on 19 March 2024 “Anglesey Freeport Governance Arrangements” and on 23 May 2024 “Agree on the Arrangements for the Establishment of the Porthladd Rhydd Ynys Môn,” the delegated authority is amended to the Deputy Chief Executive rather than the Chief Executive.