Issue - meetings

The Future of Eastgate House

Meeting: 07/11/2006 - Cabinet (Item 1.)

The Future of Eastgate House

Decision:

213/2006 The Cabinet agreed the proposals for the restoration and development of Eastgate House as a major cultural and tourist facility, and for the project to be recognised as a key cultural regeneration project. This endorsement would allow the project to be prioritised as a key target within the Local Area Agreement and a milestone cultural project within the Regeneration Framework.
214/2006 The Cabinet approved a sum of £30,000 to be met from the existing capital programme to progress detailed design, architectural and technical work.
215/2006 The Cabinet supported in principle the allocation of £600,000 to the full capital cost of the project as part of the budget setting process, from the capital programme between 2007/2008 and 2009/2010, to be funded from potential capital receipts. This represented 15% of the estimated total cost of the project and would greatly assist the fundraising campaign. Other funding bodies would likely be the Heritage Lottery Fund, the Arts Council, DCLG and the Landmark Trust. The capital sum from Council would only be required if the full fund-raising programme was successful.