Issue - meetings

To consider proposed revisions to the Terms of Reference

Consideration was given to the proposed revisions to the Terms of Reference of the Community Wealth Building Cabinet Working Group agreed at its inaugural meeting on 11 November 2019.

RESOLVED  That the Terms of Reference of the Community Wealth Building Cabinet Working Group be revised as follows:-

1.    To contribute to (when appropriate) and consider the outcomes of the study being commissioned through Lancashire Leaders, which will explore the principles and the "Preston Model" and how it could potentially be scaled up across Lancashire, as well as exploring other social value good practice, and how it could be applied to West Lancashire;

2.    To commission a report on the development of a strategic approach to community wealth building in West Lancashire Borough Council;

3.    To commission research and gather evidence on barriers to Community Wealth Building in West Lancashire and identify solutions to those barriers;

4.    To recommend to Cabinet/Council the actions leading to the development of a Community Wealth Building Strategy and report on the next steps;

5.    To consider the role of other local organisations in developing Community Wealth Building initiatives.