To approve the Leicester Economic Action Plan – A plan for jobs and growth: 2012 to 2020 and to authorise the additional financial contributions required from the Council to deliver a number of projects described in Appendix 2 of the report. This includes immediately approving the £13.479m required to fully deliver Phase 1 of the Plan and approving in principle a further £16.6m to deliver Phase 2 of the Plan. Phase 2 approval to be confirmed in 2013 following confirmation of funding which is anticipated to be received in 2013.