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Details
Business Item
First Light Festival
Date of Decision
Tue 1 Sep 2020
Description
Report of the Deputy Leader and Cabinet Member with responsibility for Economic Development
Matter for Decision (to consider...)
Review of the financial impact of the First Light Festival, and setting out a proposal for future funding and sponsorship
Service Area 2
Not Applicable
Background Papers:
Equality Impact Assessment
Is Decision District Wide
No
Decision Made
1. That the impact of the First Light Festival to the local economy and the positive response to the online events for 2020 be noted.
2. That the festival be supported to a maximum of £140k in 2021, which remains available from the 2019/20 Business Rates Retention scheme.
Reason for Decision
The festival will :
Attract 40-50,000 visitors, with a focus on people from outside of Lowestoft’s traditional visitor base;
Brand Lowestoft as a desirable and attractive tourist destination;
Extend the area from which people travel to Lowestoft to include the growing populations of Norwich and Ipswich;
Contribute directly to the local economy during the festival including increased hotel stays;
Position Lowestoft as a venue for contemporary arts and events – with the potential for significant financial support from the Arts Council;
Identify Lowestoft as – uniquely in the UK – the first place to see the sunrise, allowing the town to trade on its geographical position.
Alternative Options Considered and Rejected
Not to support the festival.
Any Declarations of Interest Declared
None
Any Dispensation Granted
None
Decision Criteria
This Decision does not contain any decision criteria records.
Wards
This Decision does not contain any Ward records.
Topics
This Decision does not contain any Topic records
Overview and Scrutiny
This Decision does not contain any Overview and Scrutiny records.
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Decision History
13/10/2020 11:02:00 | Maxine Green | Status Changed | Implemented [7] |
Approval/Comments
No history found.