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Decision details

Make It York - Impact of Covid-19

Decision Maker: Executive

Decision status: Item Called In

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Purpose of Report: To consider an approach from the Make It York Board seeking the Council’s financial support to mitigate the impact of covid-19 on its services.

The Executive will be asked to consider the proposal for a series of actions to respond to Make It York’s Board request.

Decision:

Resolved:  (i)      That the requirement for Make It York (MIY) to make a revenue return to the council in 2020/21 in respect of trading activity across the city be waived.

 

                   (ii)      That the first two quarters’ rent due from MIY in 2020/21 for use of premises on Museum Street and the Silver Street offices be deferred.

 

                   (iii)     That a loan facility of £300k from the council be accessed by MIY only if necessary.

 

                   (iv)    That officers provide a letter of guarantee to MIY with access to a maximum of £1m over the next two years should it be required.

 

Reason:     To secure the future of Make It York.

Report author: Charlie Croft

Publication date: 16/12/2020

Date of decision: 15/12/2020

Decided at meeting: 15/12/2020 - Executive

Issue status: The decision is currently being reconsidered

Accompanying Documents:

 

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