That the Director of Regeneration andPlace:

(1)  Accepts the Liverpool City Region Combined Authority offer of grant aid inthe sum of up to a maximum of £1,460,900 to be secured by way of aGrant Funding Agreement on terms outlined in paragraphs 3.2 to 3.5 of thereport.

(2)  Approves the commencement of the necessarypre-development work outlined in paragraph 3.1 of the report.