Decision details

City Centre Investment Fund Allocations and Update

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To update Members on the progress towards the delivery of the City Centre Investment Fund

Decision:

RESOLVED:

 

1.    That the following new projects be allocated resources:

 

a)    Opening of Kings Walk Bastion, £20,000

 

b)    Contribution towards developing the capital components of the cultural strategy, £30,000

 

c)    £20,000 be allocated for commissioning economic profiling of the city centre to support the delivery of the Business Improvement District and Kings Quarter.

 

 

2.    That the following projects receive additional allocations:

 

a)    £50,000 be allocated for business support and authority be delegated to the Head of Regeneration & Economic Development,  in consultation with the Cabinet Member for Regeneration & Economy,  to develop a policy that enables the Council to secure a financial return where appropriate

 

b)    £30,000 be allocated for the delivery of a city centre public realm masterplan

 

c)    Targeted Historic Grants scheme £40,000 to include £3,000 towards the refurbishment of building plaques

 

 

3.    That the following be noted:

 

a)    The final cost of the ANPR will be met through the contingency sum

 

b)    The success of the relocated Gloucester Antiques Centre at 26 Westgate Street has meant that this important heritage building is now occupied and a review of the format and location of the Tourist Information Centre will take place following the completion of the Visitor Information Strategy.

 

Report author: Anthony Hodge

Publication date: 20/07/2016

Date of decision: 20/07/2016

Decided at meeting: 20/07/2016 - Cabinet

Effective from: 28/07/2016

Accompanying Documents: