Decision details

1.       That the contents of the report be noted.

2.       That the contents of the report from the independent auditor dated 26^th September which was prepared in accordance with section 123D of the Act be noted.

3.       That it be noted that the independent auditor’s report was an opinion on the assessment of a proposed franchising scheme previously reviewed by Members in June 2019.

4.       That the independent auditor’s report and the assessment supplied to the independent auditor be approved for publication.

5.       That it noted that minor typographical amendments will be attached to the assessment.

6.       That the amended Proposed Franchising Scheme, as set out in Appendix 1.2, be approved.

7.       That the preferred funding scenario for the proposed franchising scheme be approved.

8.       That the mitigating responses to a downside risk scenario, as set out in Section 6, be noted.

9.       That it be agreed to proceed with the proposed franchising scheme by undertaking a consultation in accordance with section 123E of the Act, which would commence on 14 October 2019 and end on 8 January 2020, and to agree the funding for the consultation as set out in paragraph 7.16 of this report.

10.     That the publication of a notice of the proposed scheme, in accordance with section 123E(2)(d) of the Act, be approved.

11.     That TfGM be instructed to carry out all tasks necessary to carry out that consultation on its behalf.

12.     That authority be delegated to the Chief Executive, GMCA & TfGM to make any final minor amendments to the Proposed Franchising Scheme and the Notice of the Proposed Scheme appended to the report, prior to publication.

13.     That it be noted that a further report will be submitted to the GMCA on the outcome of the consultation.