439 Markets - supplementary budget request PDF 148 KB
Report providing an update on Hinckley Markets, proposing a series of interventions to improve performance of the Market and requesting a supplementary budget is attached.
Minutes:
The Executive gave consideration to a report which proposed ways to improve the Hinckley markets and requested a supplementary budget. Members emphasised the importance of linking with other council services and priorities, for example youth work. It was acknowledged that it was disappointing to have to request a supplementary budget but members hoped that the national trend of diminishing markets could be reversed in Hinckley. It was moved by Councillor Wright, seconded by Councillor Ladkin and
RESOLVED –
(i) Proposals for interventions aimed at driving the market forward be acknowledged;
(ii) All options for improvement / development, including undertaking soft market discussions in relation to what the private sector may be able to offer, be explored within the next three months;
(iii) A further report be brought to the Executive following the abovementioned discussions and exploration;
(iv) The supplementary budget of £47,235 be approved.