The relationship between the government and private corporations varies according to each countries' policies regarding economic issues. That said, a town's mayor, representing the government, should always be aware of what a corporation is working on. This would ensure that the corporation's work meets the quality and safety standarts in order to satisfy the costumers.
The Mayor alone can not be in charge of such task. It is true that the officials of the corporation would provide the knowledge needed to perform the work, but given the fact that they belong to the corporation itself, it would also be prudent to have a qualified team who could assist in the supervision of the work.
This headline could also have a negative approach. The phrase "look after" might also imply that the Mayor is actually protecting the corporation's work from any objection from either the citizens or any other organism related to the work itself, therefore it would be advisable to incorporate a third party to help the Mayor, the company, and its officials to work efficiently on the proyect.
Knowing that this "work" could have an impact on a large group of people it is only for the greater good to maintain as many qualified personal working on it as possible.