Wirral Waters Investment Fund – Egerton Village
January 22, 2024 Economy Regeneration & Housing Committee (Committee) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to facilitate the delivery of Egerton Village within Wirral Waters, the committee authorised the Director of Regeneration and Place to approve the novation of the Grant Funding Agreement from Peel L&P Investments and Property Limited to Starship Regeneration Egerton Village Limited, with Peel L&P Holdings (UK) Ltd acting as guarantor, subject to specific conditions being met.
Full council record
Purpose
This report seeks
approval to enter into a Deed of Novation of Contract in respect of
the Wirral Waters Investment Fund Grant Funding Agreement (GFA)
dated 23 February 2023, to enable the delivery of Egerton Village,
a new high quality mixed-use development to come forward within
Wirral Waters.
Decision
That the Director of Regeneration and Place, in consultation with
the Director of Finance be authorised to approve the novation of
the Grant Funding Agreement between the Council and Peel L&P
Investments and Property Limited for the Egerton Village project to
Starship Regeneration Egerton Village Limited with Peel L&P
Holdings (UK) Ltd acting as continuing Guarantor subject to the
requirements as summarised in paragraph 5.1 of this report being
satisfied.
Details
| Outcome | Recommendations Approved |
| Decision date | 22 Jan 2024 |
| Subject to call-in | Yes |