February 11, 2012 Yorkshire evening post
Traders are seeking URGENT top-level talks over the future of Leeds’s historic Kirkgate Market.
The demand for discussions came as senior councillors agreed in principle that the size of the market could be reduced by 25 per cent and officers will now draw up a feasibility report on how that could be achieved.
The council’s executive board also agreed to reinvest up to £500,000 a year from the market’s profits which could be used to support the borrowing of up to £7m to improve the market.
The board’s discussion followed the recent publication of a report by consultants Quarterbridge – commissioned by the council – suggesting in future the management of the market could be handed to a limited liability partnership on a 99-year lease. It also suggested tenants might have to go through a “reselection process” for a stall if the market was revamped.
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