Decision details

West Midlands Investment Zone

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


This report asks Cabinet to consider its membership of the WM Investment Zone initiative and Joint Committee in light of further information forthcoming since the November Cabinet


That Cabinet:


1.     Supports Warwickshire County Council’s participation in the West Midlands Investment Zone (WMIZ) and agrees to the Council becoming a member of such Investment Board, including any Joint Committee, established by the West Midlands Combined Authority relating to the WMIZ whose functions include oversight of the development of the GigaPark site; and


2.     Authorises the Executive Director for Communities to enter into a Memorandum of Understanding (MoU) with the West Midlands Combined Authority, Warwick District Council and Coventry City Council in relation to business rates and their retention across the proposed West Midlands Investment Zone area, on terms and conditions acceptable to the Executive Director for Resources.


Report author: Deborah Moseley

Publication date: 06/03/2024

Date of decision: 05/03/2024

Decided at meeting: 05/03/2024 - Cabinet

Effective from: 14/03/2024

Accompanying Documents: