Decision Maker: Economy Regeneration & Housing Committee

Outcome: Recommendations Approved (subject to call-in)

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: December 16, 2025

Purpose:

Content: Resolved – That the Economy Regeneration and Housing Committee approves that: 1.  The increase in allocation for the JOY project be confirmed from £4,226,809 to £4,841,809, an increase of £615,000;   2.  The increase in allocation for the Future Yard project to be confirmed from £1,934,000 to £2,285,500, an increase of £351,500;   3.  The Director of Law and Corporate Services be authorised to finalise any necessary grant funding agreements related to recommendations 1 and 2;   4.  The Director of Finance be authorised to ring-fence grant funding for the following projects, subject to further due diligence, in consultation with the Chair and Spokespersons of this committee;   a. Highways Improvements at Eureka in the sum of £150,000; and b. The Woodside Studios project in the sum of £3,165,000   5.  The sum of £1,097,172 remain as a contingency for the Local Regeneration Fund portfolio; and   6.  The Director of Finance be requested to review the Wirral Regeneration Fund portfolio’s financial position, including any necessary funding contingencies and present a report to this committee in March 2026, outlining any recommended changes to allocations