Cardiff councillor Huw Thomas said it was an important festival that the city wanted to see continuing, and thanked the Welsh government.
BBC: Tafwyl festival saved: Labour accused of cherry picking
Huw Thomas made his comments whilst briefing the public accounts committee on the Wales Audit Office report 'Progress in Delivering the Welsh Housing Quality Standard' on 17 January 2011.
Cardiff council's cabinet member for sport, leisure and culture, Huw Thomas, said that as well as being served by Bristol Airport, Cardiff was also only two hours by train from London.
Clywodd y pwyllgor hefyd dystiolaeth gan Archwilydd Cyffredinol Cymru Huw Vaughan Thomas ar y defnydd o adnoddau mewn ysgolion arbennig.
The committee also heard evidence from the Auditor General for Wales Huw Vaughan Thomas on the use of resources in special schools.
"It now seems unlikely that the cycle has been broken, " Auditor General Huw Vaughan Thomas says in evidence to the assembly's public accounts committee.
The Auditor General for Wales, Huw Vaughan Thomas, also gave evidence to the committee on the Wales Audit Office report on public participation in waste recycling.
Auditor General Wales (AGW) Huw Vaughan Thomas has criticised the draft bill as he believes the independence of the auditor general could be constrained by the requirement.
Disgrifiodd Huw Vaughan Thomas - Prif Archwilydd newydd Cymru - y datgeliadau'n "embaras" a chyhoeddwyd diwygiad o sut mae'r corff gwarchod gwariant cyhoeddus yn cael ei rhedeg.
Huw Vaughan Thomas - the new Auditor General for Wales - described the revelations as "embarrassing" and announced an overhaul of how the public spending watchdog is run.
Wrth annerch pwyllgorau'r cynulliad, fe wnaeth Archwilydd Cyffredinol Cymru Huw Vaughan Thomas feirniadu'r mesur drafft oherwydd ei fod o'r farn y gallai gyfyngu ar swydd yr archwilydd cyffredinol.
In a separate report published in December, the Auditor General for Wales, Huw Vaughan Thomas said while the council had made some positive changes in its arrangement for safeguarding children it had not responded "with sufficient speed and rigour".
Phillips, Gavin Henson, Jamie Roberts, Huw Bennett and Jon Thomas return, while Lee Byrne is also in contention.
Head of legal and committee services, Huw Miller, along with David Thomas, the council's head of marketing and communications, say in their report only Cardiff council streams meetings in Wales, but others were considering it.
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