1.That the work underway to implement the GM Local
Industrial Strategy be noted and that the proposed governance
arrangements be agreed.
2.That the Year 1 Milestones (Annex 1) be
agreed.
3.That the request for £3m of funding over three
years to support the implementation of the GM Local Industrial
Strategy, to be sourced from Retained Business Rates, be
approved.
4.That authority be delegated to the GMCA Treasurer,
in consultation with the GM Portfolio Chief Executive for Economy
and the Deputy Mayor and Portfolio Lead for Economy, to finalise
the budget and allocation of the projects for GM Local Industrial
Strategy Implementation following consultation with the Growth
Board.
5.That GM’s commitment and determination to the
implementation of the Local Industrial Strategy be made clear to
Government.