Decision details

(i)        to note the policy panel’s first annual report and agree to the Council holding an economic policy conference each year in November;

(ii)       to instruct the Chief Officer - City Growth, following consultation with the Panel, to undertake a review of the first annual report with a view to identifying scope for the future development of the report;

(iii)      to note the recommendations of the policy panel in appendix 1 and to approve the officers proposed response to recommendations, with a Service Update being provided by the Chief Officer - City Growth, by the 25th April 2019 to members of the City Growth and Resources Committee noting progress on each recommendation;

(iv)      to instruct the Chief Officer - City Growth, following consultation with the other Panel members, to recruit a new member immediately;

(v)       to instruct the Chief Executive to explore how Scottish local government pension funds could invest locally, with specific reference to the strategic infrastructure priorities identified in the Regional Economic Strategy, City Region Deal and City Centre Masterplan with the Chief Officer - Finance providing a report on this matter to the 7th February 2019 City Growth and Resources Committee;

(vi)      to instruct the Chief Executive to forward the Economic Panel’s first annual report to the Secretary of State for Scotland, The First Minister, The Cabinet Secretary for Finance, Economy and Fair Work, to the Leaders of all other political parties at the Scottish Parliament and MP’s and MSP’s who represent Aberdeen and the North East Region at the UK and Scottish Parliaments;

(vii)     to instruct the Chief Executive to forward the report to the President and Resources Spokesperson of the Convention of Scottish Local Authorities; and

(viii)    that officers provide all elected members with a copy of future Economic Policy Panel’s annual reports (by way of email) on the day that they are published.