David Armstrong, Assistant Chief Executive, introduced a report from the Director of Regeneration and Place which sought approval to dispose of the freehold interest of 78-80 New Chester Road, New Ferry, at nominal value, to New Ferry Community Land Trust Limited (CLT), following the refurbishment and renovation of the property. This followed the purchase of the property on behalf of the CLT for the purposes of carrying out a scheme of refurbishment to bring the building back into use, using the Liverpool City Region (LCR) Combined Authority Town Centre Fund.

The Chair thanked David Armstrong and all the officers involved in the work at New Ferry and commented that all the ward councillor were supportive of this proposal.

Resolved - That the Director of Law and Governance, in consultation with the Director of Regeneration and Place, be authorised to enter into a legal agreement with New Ferry Community Land Trust Ltd which requires the property to be renovated and refurbished to an acceptable standard, following which, the freehold of the property will be transferred to the CLT at nominal consideration, subject to the recipient meeting agreed conditions.