Issue - decisions

WM Investment Zones

06/03/2024 - West Midlands Investment Zone

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.