New governance arrangements for Marches Local Enterprise Partnership
Telford & Wrekin Council is set to become a public sector member of the Marches Local Enterprise Company Limited – following a government directive that all Local Enterprise Partnerships (LEPs) must have a formal legal status.
It means that the three local authorities that are members of the Marches LEP will have the right to appoint one director to the board of the new company.
The council has been part of the LEP since 2011 and has always had a representative on the Partnership's Board.
It has been decided that Telford & Wrekin Council’s representative will be Councillor Lee Carter, cabinet member for Finance, Commercial Services and the Economy.
The council’s cabinet is expected to approve both moves when it meets on Thursday June 13.
Following the government’s directive, the Marches LEP took the decision to incorporate as a company limited by guarantee.
This has resulted in changes to governance arrangements, but will still enable the three local authorities (Telford & Wrekin, Shropshire and Herefordshire) to continue to benefit from significant government funding distributed through the Marches LEP.
Any meeting of directors of the new company overseeing the LEP must have seven eligible directors including at least two public service directors.
Councillor Lee Carter, Telford & Wrekin Council’s cabinet member for Finance, Commercial Services and the Economy, said: “The LEP Board and LEP management have made a commitment to continue to work in close partnership and recognise that all three councils remain key strategic partners in the delivery of economic growth.
“This means that each council will have rights of consultation and engagement on strategic issues. This ensures that the councils will be consulted prior to the Board taking decisions.
“These new arrangements will allow the council to continue to represent the economic interests of the residents of Telford and Wrekin, ensuring that we continue to secure our share of government funding for skills, infrastructure, employment creation and business support.
“It also means that all three councils will be able to scrutinise the work of the LEP through their individual scrutiny arrangements."