Maritime Knowledge Hub
Decision Maker: Economy Regeneration & Development Committee
Decision status: Recommendations approved
Is Key decision?: Yes
Is subject to call in?: Yes
To report on the development of the Maritime Knowledge Hub at Wirral Waters. To include any relevant funding and commercial approvals to progress project.
RESOLVED – That Policy and Resources Committee approve the following recommendations:
(1) Authorise the Director of Regeneration and Place in consultation with the Director of Law and Governance and the Director of Resources, to finalise the Heads of Terms substantially in accordance with the draft Heads of Terms attached as Appendix 3 to this report.
(2) Approve the Full Business Case for Maritime Knowledge Hub.
(3) Authorise the Director of Law and Governance in consultation with the Director of Regeneration and Place and the Director of Resources, to finalise agreements for the Council to enter into a conditional Forward Funding Agreement, Agreement for Lease and Lease, based on the finalised heads of terms, with Peel Land and Property (Intermediate) Ltd.
(4) Authorise the Director of Regeneration and Place in consultation with the Director of Law and Governance and the Director of Resources to accept the terms of the Grant Funding Agreement, subject to successful award, from Liverpool City Region Combined Authority and Ministry of Communities, Housing and Local Government in respect of the pre-test and trial Maritime Accelerator Project and to commence necessary procurement exercises to enable the delivery of the Accelerator.
Publication date: 04/03/2021
Date of decision: 04/03/2021
Decided at meeting: 04/03/2021 - Economy Regeneration & Development Committee
Effective from: 11/03/2021