Issue - decisions
Make It York - Impact of Covid-19
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.