Issue - meetings

Report of the Director of Built Environment

Further to Minute No. 110 of the meeting held on 16 February 2012, the Cabinet considered the report of the Director of Built Environment on the current position relating to the Regional Growth Fund Bid for the River Dredging Project and the negotiations with the Mersey Docks and Harbour Company on the legal agreement for the project.

This was a Key Decision and was included in the Council’s Forward Plan of Key Decisions.

RESOLVED:            That

(1)       the progress with the grant offer letter from the Department of Business Innovation and Science for £35 million of Regional Growth Fund towards the cost of the Mersey Channel dredge project be noted;

(2)       the Council be recommended to include the Channel dredging project in the Capital Programme, subject to the receipt of the grant from the Regional Growth Fund;

(3)       the progress with the negotiation of a Co-operation Agreement between Mersey Docks and Harbour Company and Sefton Council in respect of the Mersey Channel dredge project and the extent of the proposed indemnity, be noted;

(4)       the financial, legal and construction risks associated with the project be noted and in the event of a grant award, the risks and corresponding mitigation plans be transferred to the Corporate and Community Risk Register;

(5)       it be noted that should the grant be awarded, the Council would commence procurement for the dredge work immediately; and

(6)       a further report on progress with the project be submitted to the Cabinet.