Decision details

Brownfield Land Fund update

Decision Maker: Liverpool City Region Combined Authority

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Update on Brownfield Land Fund and request for new pipeline approval

Decision:

RESOLVED – That

 

(i)         the process for allocating additional Brownfield Land Funds and the indicative funding amounts set out in Table 1, until all funding is fully allocated, be approved;

(ii)        increased allocation for North Huyton Revive Phase 5 project in Knowsley and the Taskers project in Liverpool be approved, subject to due diligence and Full Business Case preparation;

(iii)       authority be delegated on the terms set out in this report to the Executive Director of Investment and Delivery, in consultation with the Portfolio Holder for Housing and Spatial Planning, Chief Legal Officer and the Treasurer to approve funding for each of the further shortlisted projects following review of Full Business Cases and recommendations from the Strategic Investment Fund Internal Panel; and

(iv)      authority be delegated to the Executive Director of Investment and Delivery to finalise negotiations of detailed funding terms and associated agreements for each approved project, in consultation with the Portfolio Holder for Housing and Spatial Planning, Chief Legal Officer and the Treasurer.

Report author: Tracy Gordon

Publication date: 18/11/2022

Date of decision: 18/11/2022

Decided at meeting: 18/11/2022 - Liverpool City Region Combined Authority

Effective from: 26/11/2022

Accompanying Documents: