Speedo Mick is nominated for a Liverpool Council honour at a ceremony at Liverpool Town Hall next week.
There had been calls for Mick, who has just completed his walk from John O'Groats to Land's End, to be given the Freedom of the City but council documents suggest he will be made Liverpool Citizen of Honour.
Speedo Mick , real name Mick Cullen, took on the challenging task back in December and has raised more than £350k for charity.
The 55-year-old passed the £300k mark on the final leg of his walk on Saturday.
Now documents released ahead of next week's Liverpool Council meeting have confirmed he is nominated to become a citizen of honour, with councillors set to vote at next Wednesday's meeting.
If the nominations are accepted, a separate ceremony will be held for him at a later date.
Mayor of Liverpool Joe Anderson said: “ Speedo Mick is an incredibly inspirational person who has turned his life around and is now committed to extraordinary feats of endurance to raise money to support others who are going through the issues that he faced.
“He has captured the imagination of not just the city but the entire nation with his most recent fundraising trek and is shining a much-needed spotlight on mental health.
Reacting to the news he is set to receive the honour, Speedo Mick said he was "just an ordinary man".
He said: “I’m not a superhero - I’m just an ordinary man trying to do some extraordinary things. There’s a specific kind of insanity that makes the world a better place and I seem to have that in abundance!
“All I am trying to do is make a small difference in people’s lives by giving something back to society, and, by doing that, to my own as well. I have been overwhelmed with the support I have received from my home city – it chokes me up just talking about it – but it doesn’t surprise me.”
Film producer Colin McKeown is set to receive Freedom of the City for his five decades of work.
He was one of the founding fathers of Channel 4’s flagship soap ‘Brookside, set up Kirkdale-based LA Productions in 2000 and enjoyed continued success with the series ‘Liverpool 1’, the feature film ‘Liam’ and the NBC biopic ‘In His Life: The John Lennon Story’.
Mayor Anderson said: “Colin McKeown has played a major role in creating and growing the TV and film industry in this city, through his work on Brookside and his own company, LA Productions.
“It is right and proper that the city recognises their outstanding work.
“Coming from a humble background in Huyton, and working in a very deprived area in Kirkdale, I believe I am grounded in the reality of what is good about this city and I am extremely grateful that contribution has been found noteworthy.”
Lord Mayor of Liverpool Anna Rothery said the awards were a chance to celebrate the breadth of achievement by people across Liverpool.
Councillor Rothery said: “Liverpool is a city full of extraordinary characters who do amazing things to improve the life of others.
“Freedom of the City and Citizen of Honour awards are a chance for us to demonstrate that the city values and appreciates their endeavours, and the people we are proposing are truly deserving nominees.”
As well as Mr Cullen and Mr McKeown, five organisations are being proposed for admittance to the Freedom Rolls of Association.
They are:
· The Parachute Regimental Association, Liverpool Branch
· City of Liverpool Lions Club
· Curtins
· The Girls' Brigade Merseyside District
· Liverpool branch of the Royal Signals Association
