Council leaders in Derbyshire and Nottinghamshire today submitted a joint bid to Government for the devolution of more economic powers and much greater control over their own affairs.
It is believed that the ground-breaking deal would place the East Midlands firmly on the Westminster map and at the front of the queue for jobs, growth and skills.
It would also place the area, which includes the Core City of Nottingham, on a par with Greater Manchester, South Yorkshire and the West Midlands.
The final detail of the bid is still subject to on-going negotiation, but will include new powers to generate income for major infrastructure projects. It also calls for more say over jobs, skills, housing and transport projects.
One of the Government's conditions for devolving significant powers includes a directly elected mayor. While this is challenging for many, it was agreed that it needed to be seen in the light of prize that was on offer.
Derbyshire Dales District Council and all the other 18 councils in Derbyshire and Nottinghamshire have shown their support for the idea of regions having greater control over their own affairs and being able to help local economies to thrive.
In a joint statement, Cllr Anne Western, Chair of the D2 Joint Committee, and Cllr Graham Chapman, Chair of the Nottinghamshire Economic Prosperity Committee, said:
"We submitted our devolution bid to Government today (FRIDAY) after an agreement from the leaders of the councils.
"The potential benefits to local people are substantial. It would place Derbyshire and Nottinghamshire at the head of the queue for skills, growth and economic development.
"We all know that some of the conditions are challenging but the size of the prize means that we can't afford not to be at the table. The important thing now is to keep talking and negotiating so we can secure the best possible deal for the people of Derbyshire and Nottinghamshire."
The Government deadline for devolution bids was today (Friday September 4).
- The bid includes all 19 local authorities in Derbyshire and Nottinghamshire: Amber Valley Borough Council, Ashfield District Council, Bassetlaw District Council, Bolsover District Council, Broxtowe Borough Council, Chesterfield Borough Council, Derby City Council, Derbyshire County Council, Derbyshire Dales District Council, Erewash Borough Council, Gedling Borough Council, High Peak Borough Council, Mansfield District Council, Newark and Sherwood District Council, North East Derbyshire District Council, Nottingham City Council, Nottinghamshire County Council, Rushcliffe Borough Council and South Derbyshire District Council.