Issue - meetings

This report informs the Executive of a decision made by the Executive Members for City Strategy and Advisory Panel on 16 July 2007 to review the City’s footstreets and support the Minster’s Heritage Lottery Fund bid with funding, and seeks approval to allocate £250,000 from the Council’s reserves from the 2006/07 underspend as part of this funding, in recognition of the significant economic benefits to the city of this proposal.

RESOLVED:That £250,000 be allocated from the Council’s reserves from the 2006/07 underspend, in recognition of the significant economic benefits to the city of this proposal.

REASON:            In line with constitutional requirements.

Members received a report which informed them of a decision made by the Executive Members for City Strategy and Advisory Panel on 16 July 2007 to review the City’s footstreets and support the Minster’s Heritage Lottery Fund bid with funding, and sought approval to allocate £250,000 from the Council’s reserves from the 2006/07 underspend as part of this funding, in recognition of the significant economic benefits to the city of this proposal.

The options available to the Executive were to either approve or reject the Executive Member’s recommendation.

In relation to the comments made under Public Participation (minute 55 refers), the Assistant Director (City Development & Transport) provided reassurance that provision for cyclists would be included in any schemes brought forward for the extension of the footstreets.

Having considered the advice of the Shadow Executive, it was

RESOLVED:That £250,000 be allocated from the Council’s reserves from the 2006/07 underspend, in recognition of the significant economic benefits to the city of this proposal.

REASON:            In line with constitutional requirements.