Issue details

Purpose of Report: To seek consent to the making of regulations by Central Government to provide the Council with borrowing powers in line with the Devolution Deal and Scheme which were subject to public consultation.

The Executive will be asked to: Consent to the making of the Regulations.

The Council aims to give the same 28 days’ clear notice of key decisions, but in exceptional circumstances this may not be possible. It has not been possible to give 28 clear days’ notice of the intention to make this decision as this is an urgent item following discussions with Central Government and is awaiting their timescale for passing the relevant regulations.

This decision will not be subject to the call-in process as in accordance with article 11.8 of the Council’s Constitution:

“The call-in procedure shall not apply where the decision being taken is urgent. A decision will be considered urgent if any delay likely to be caused by the call-in process would, for example, seriously prejudice the Council’s or the public’s interests. The record of the decision, and notice by which it is made public shall state whether in the opinion of the decision making person or body, the decision is an urgent one together with the reason for urgency, and therefore not subject to call-in”.