Decision details
Reinvigorate York - Investing £3,300,000 in the City Centre
Decision Maker: Executive
Decision status: Decision Made
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Purpose of the Report: The Economic
Infrastructure Fund was set up to deliver a range of improvements
which will help to create jobs and grow the economy. This report
describes the economic benefit of improving public spaces and
proposes a clear and accountable structure to manage, fund and
deliver public space improvement projects in the city centre as
currently managed through the Reinvigorate York Steering
Board.
Cabinet Members are asked to agree funding to deliver Reinvigorate
York projects over the next 3 years.
Decision:
RESOLVED: That Cabinet approves Economic Infrastructure Fund investment of £3.3m in the Reinvigorate York programme, as set out in the report paragraphs 29 to 45, subject to more detailed costings, feasibility work and updates on individual projects as they develop. The £3.3m budget to be initially allocated as follows:
2012/13 £500,000
2013/14 £1.3m and
2014/15 £1.5m
REASON: To support the Council Plan priorities of creating jobs, growing the economy and investing in the city’s economic future.
Report author: Derek Gauld
Publication date: 04/09/2012
Date of decision: 04/09/2012
Decided at meeting: 04/09/2012 - Executive
Effective from: 07/09/2012
Accompanying Documents:
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