Purpose

To approve the release of £4.8m of
policy provision to enable the creation of a new public realm space
between Cank St and Green Dragon Square.

Decision

To approve:

·        
the creation of the new link and development site at Market Place
North as described in this report at a total scheme cost of
£2.824m;

·        
the addition of £1.4m to the capital programme as an
immediate start, funded from the Highways, Transport &
Infrastructure policy provision;

·        
the transfer of £1.424m from the existing markets capital
budget towards this scheme.
 
Please
Note:  This decision was Called-In under Rule 12 of
Part 4D of the Council’s Constitution.  The Call-In was considered by the Overview
Select Committee at its meeting on 11 January 2024
where it was withdrawn by resolution of the Committee in accordance
with Rule 12 (g) of Part 4D of the Council’s
Constitution.  The original
decision taken on 7 December 2023 is, therefore, deemed to be
revived in its entirety.