1.To seek Full Council consent to making the
Combined Authorities (Borrowing) and East Midlands Combined County
Authority (Borrowing Functions) (Amendment) Regulations 2024 (the
Draft Regulations) that will confer certain additional powers
(including the general power of competence for economic development
and regeneration and power to borrow) on the EMCCA.
2.At the time of publication of this report clearance had not been
received from the Ministry of Housing, Communities and Local
Government (MHCLG) for the draft text of the SI to be included as
an appendix to this report. However, civil servants from MHCLG have
shared the draft text with Monitoring/Deputy Monitoring Officers of
each of the constituent councils and of the East Midlands Combined
County Authority, whom they have been working with to draft the SI.
As such, this report sets out details of each element within the
draft SI so Council is aware of what they are providing consent
for.
Decision type: Non-key
Decision status: For Determination
Wards affected: (All Wards);
Decision due: 30 Sep 2024 by City Council (Extraordinary)
Department: Chief Executives
Contact: Beth Brown Email: beth.brown@nottinghamcity.gov.uk Email: beth.brown@nottinghamcity.gov.uk.