Decision Maker: Liverpool City Region Combined Authority
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
This project seeks funding to support remediation and infrastructure works on a contaminated brownfield site, to provide serviced plots enabling the future delivery of up to 1475 housing units.
The Liverpool City Region Combined Authority resolved that:-
(i) subject to funding, the provision of grant funding to Liverpool City Council from the SIF for the Festival Gardens remediation and infrastructure project of £26,900,000, be approved;
(ii) the funding conditions as set out in Appendix 2 be approved; and
(iii) delegated authority be granted to the Director of Commercial Development and Investment to finalise negotiations of detailed funding terms and associated agreements for the project specified at (i) and (ii) above in consultation with the Combined Authority Monitoring Officer and Combined Authority Treasurer.
Publication date: 20/03/2020
Date of decision: 20/03/2020
Effective from: 28/03/2020