Decision details

The Cabinets will be asked to consider, and make recommendations to FHDC Council, a business case in relation to a cinema and food and beverage development in Newmarket.

RECOMMENDED TO FHDC COUNCIL: (20 March 2019)

That:

(1)     the project objectives to continue to work towards bringing a cinema and restaurant development to the heart of Newmarket, be endorsed;

(2)     the Outline Business Case for the development of a 3 or 4 screen cinema, as contained in Exempt Appendix A to Report No: CAB/JT/19/018, be approved;

(3)     a budget of up to £190,000 be approved, funded by Strategic Priorities and MTFS reserve, to deliver the further design and  study work as set out in paragraph 6.1 and Table 11 of the Outline Business Case; and

(4)     an additional £20,000 be approved, funded by Strategic Priorities and MTFS reserve, to undertake a condition and options review of the Guineas multi-storey car park.