Issue - decisions

RESOLVED:       That Cabinet approve a £1.614m investment from the Economic Infrastructure Fund in Newgate Market, phased over the following periods:

£100k (2012/13), 

£1.4m (2013/14)

and to agree a further £114k revenue funding in 2013/14 from the EIF to cover the lost income during refurbishment with a repayment profile as set out in Annex 1 of the report.

REASON:            To position Newgate Market as a unique and high performing asset for the city centre.