Purpose

This report seeks approval for a capital request for
up to £2.255 million for Hind Street Urban Village. These
costs are crucial for the Council to reach a point by which it can
enter a grant funding agreement with Homes England and Liverpool
City Region Combined Authority. No further capital funding is
anticipated to be required for the delivery of Phases A and B of
the development of the Hind Street Urban Village. A further capital
request will be made to support land assembly costs and a
two form primary school in 2025.
£1.439 million of capital funding is expected to be recovered
in the current financial year.

Decision

Resolved – That the Economy, Regeneration and Housing
Committee recommend to Policy and Resources Committee the
allocation of capital funding of £2.255 million to be
utilised for the Hind Street Urban Village scheme.