Decision details

The Directors of Development and Learning and Leisure submitted a joint report providing an update on the refurbishment project for the City Varieties.

Following consideration of appendix 1 to the report designated as exempt under Access to Information Procedure Rule 10.4(3), which was considered in private at the conclusion of the meeting it was

RESOLVED –

(a)  That an injection of £8,835,000 into the Capital Programme be authorised and the proposed inclusion of £9,200,000 in the Capital Programme 2006/07 to 2010/2011 for the City Varieties Music Hall refurbishment project be noted.

(b)  That additional expenditure of £170,000 for the preparation of the Stage 1 bid to the Heritage Lottery Fund be authorised.

(c)  That expenditure of £495,000  for the preparation of the Stage 2 bid to the Heritage Lottery Fund provided the Stage 1 bid is successful be authorised.

(d)  That the submission of a bid to the Heritage Lottery Fund for a £3,000,000 grant towards the cost of the refurbishment project be authorised.

(e)  That the proposed funding contribution of £1,000,000 by the Leeds Grand Theatre and Opera House Ltd be noted.

(f)  That officers be instructed to seek acquisition of the third party property, the purchase price not to exceed the estimated upper limit valuation figure quoted in the report, with any purchase being funded in the first instance through prudential borrowing subject to the cost of this being containable within existing revenue budgets.

Heritage Lottery Fund, Leeds Grand Theatre Board, Friends’ Group