1. To approve and commission phase 2 of the Market re-development scheme to include the development of a new building to the rear of the corn exchange and to pursue options for the refurbishment of the currently vacant upper floor.
2. To extend the total market project budget from £7m to £9.2m, funded by £1.9m from the ERDF and £0.3m from resources set aside for the second phase of the Economic Action Plan, and update the capital programme accordingly.
3. To accept the award of ERDF grant of £1.9m.
4. To approve £0.4m of associated highways works, to be funded from savings on other schemes in the Connecting Leicester programme.
5. To delegate authority to the Director of Planning Transportation and Economic Development to enter into contracts in relation to proposed market works.