Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: October 20, 2025

Purpose: This report provides details of the establishment of a Merton Legacy Board to oversee the development of capital projects that leave a lasting legacy in Merton, funded from the allocation of £15m from Capital Receipts from the Merton Legacy Fund.

Content: RESOLVED:   That Cabinet:   A. Note the setting up of a Merton Legacy Fund Board to develop and review capital projects that create a lasting legacy in Merton, and the proposed governance framework as set out in the report. subject to the approval of Full Council for the £15m funding using Capital Receipts from the sale of CHAS in 2023 delegated to Cabinet.   B. Recommend to Full Council the approval of the allocation of £15m to the Legacy Fund using Capital Receipts from the sale of CHAS in 2023 and to delegate to Cabinet the distribution of the £15m to chosen capital projects, on the advice of the Legacy Fund Advisory Board, in consultation with the Chief Executive and the Executive Director of Finance & Digital.