Decision details

To allocate Economic Action Plan resources to fund capital projects.

i     To allocate £7.03m to specific Economic Action Plan schemes, namely the former Haymarket Theatre, DOCK2, Leicester Market, Greyfriars THI Connecting Leicester street improvements and Legible Leicester, and to add the schemes to the capital programme.

ii    To approve up to £0.3m of loans to the Haymarket Consortium Ltd to support initial operating costs and cash flow.

iii   To request a further report on the development of DOCK2 prior to commencement of works, only design fees/feasibility costs being incurred in the meantime.

iv   That the Divisional Director, Planning, Development and Transportation, be authorised to proceed with the Greyfriars THI Connecting Leicester street improvements and Legible Leicester schemes, subject to consultation with the City Mayor.

v.  That the Divisional Director, Tourism, Culture and Inward Investment, be authorised to proceed with the redevelopment of the former Haymarket Theatre and the first tranche of the Leicester Outdoor Market improvements, subject to consultation with the City Mayor.

Not to approve the proposed schemes and funding.