The Mayor of Bristol, George Ferguson, has approved a three-year financial plan for Bristol City Council to fund the building of a £91m indoor arena.
Ferguson has also backed the process of selecting an arena operator and negotiating the terms of lease.
The proposed plans for the 12,000-seat arena would see it built next to Temple Meads station, and to be completed by the summer of 2017.
In a previous statement, Ferguson added: ‘There are some really important decisions to be made over the next couple of months to ensure we secure the long awaited arena for Bristol. We know that there is a ready audience to come to Bristol to see performances and we know that there are operators keen to run the arena for us but we also know that arenas cannot be built without some public subsidy.”
The approved recommendations will go before a full council on 18 February as part of the council’s budget proposals.
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Posted on: 4/2/14