Agenda and minutes

Property Investment Board - Monday, 18th February, 2013 1.45 pm

Venue: Committee Rooms, 2nd Floor, West Wing, Guildhall

Contact: Matthew Pitt
tel. no.: 020 7332 1425  Email: Matthew.Pitt@cityoflondon.gov.uk

Items
No. Item

1.

Apologies for Absence

 ...  view the full agenda text for item 1.

Minutes:

Apologies were received from Mark Boleat, Alderman Sir Robert Finch and George Gillon.

 ...  view the full minutes text for item 1.

2.

Members' Declarations under the Code of Conduct in respect of items on the agenda

 

 ...  view the full agenda text for item 2.

Minutes:

The Chairman declared an interest in Item 9 owing to his position as Chairman of the Museum of London. He advised that the Deputy Chairman would therefore Chair the item.

 

 

 ...  view the full minutes text for item 2.

3.

Minutes pdf icon PDF 128 KB

To approve the public minutes and summary of the Property Investment Board meeting held on 16 January 2013.

 

 ...  view the full agenda text for item 3.

Minutes:

The Board approved the public minutes and summary of the meeting held on 16 January 2013.

 ...  view the full minutes text for item 3.

4.

Oracle Enterprise Resource Planning (ERP) project (the replacement / upgrade of CBIS and Manhattan Systems) pdf icon PDF 80 KB

Report of the City Surveyor.

 ...  view the full agenda text for item 4.

Minutes:

The Board received a report of the Chamberlain updating Members on the Oracle Enterprise Resource Planning project which sought to upgrade/replace the CBIS and Manhattan systems.

 

In response to a Member’s query, the Chamberlain confirmed that the proposed software package could be adapted to the needs of the City Corporation.

 

RECEIVED.

 ...  view the full minutes text for item 4.

5.

Questions on matters relating to the work of the Board

 ...  view the full agenda text for item 5.

Minutes:

There were no questions.

 ...  view the full minutes text for item 5.

6.

Any other business that the Chairman considers urgent

 ...  view the full agenda text for item 6.

Minutes:

There were no urgent items.

 ...  view the full minutes text for item 6.

7.

Exclusion of the Public

MOTION – That under Section 100A(4) of the Local Government Act 1972, the public be excluded from the meeting for the following items on the grounds that they involve the likely disclosure of exempt information as defined in Part 1 of Schedule 12A of the Local Government Act.

 

 ...  view the full agenda text for item 7.

Minutes:

RESOLUTION – That under Section 100A(4) of the Local Government Act 1972, the public be excluded from the meeting for the following items on the grounds that they involve the likely disclosure of exempt information as defined in Part 1 of Schedule 12A of the Local Government Act.

 

 ...  view the full minutes text for item 7.

8.

Non Public Minutes

To approve the non-public minutes of the Property Investment Board meeting held on 16 January 2013.

 ...  view the full agenda text for item 8.

Minutes:

The non-public minutes of the meeting held on 16 January 2013 were approved.

 

 ...  view the full minutes text for item 8.

Deputy Chairman in the Chair

At the Chairman’s request, the Deputy Chairman assumed the chair for the duration of item 9.

9.

Museum of London - 150 London Wall Capital funding

Report of the Town Clerk.

 ...  view the full agenda text for item 9.

Minutes:

The Board received a report of the Town Clerk.

 

RECEIVED.

 

 ...  view the full minutes text for item 9.

10.

Former Tenants Rent etc Arrears Write Offs

Report of the Comptroller and City Solicitor.  

 ...  view the full agenda text for item 10.

Minutes:

The Board approved a report of the Comptroller and City Solicitor. 

 ...  view the full minutes text for item 10.

11.

City's Rental Forecasts Monitoring Report

Report of the City Surveyor.

 ...  view the full agenda text for item 11.

Minutes:

The Board received a report of the City Surveyor.

 

RECEIVED.

 ...  view the full minutes text for item 11.

12.

Vacant Accommodation Update as at 1 December 2012

Report of the City Surveyor.

 ...  view the full agenda text for item 12.

Minutes:

The Board received a report of the City Surveyor.

 

RECEIVED.

 

 

 ...  view the full minutes text for item 12.

13.

First Registration of the City's Freehold Titles - Progress since Feb 2012

Joint report of the Comptroller and City Solicitor and the City Surveyor.

 ...  view the full agenda text for item 13.

Minutes:

The Board received a joint report of the City Surveyor and the Comptroller and City Solicitor.

 

RECEIVED.

 

 

 

 

 

 ...  view the full minutes text for item 13.

14.

City Surveyor's Business Plan 2012-15 Quarter 3 2012/13 Update

Report of the City Surveyor.

 ...  view the full agenda text for item 14.

Minutes:

The Board received a report of the City Surveyor.

 

RECEIVED.

 ...  view the full minutes text for item 14.

15.

42 New Broad Street EC2 - Grant of new lease

Report of the City Surveyor.

 ...  view the full agenda text for item 15.

Minutes:

The Board approved  a report of the City Surveyor.

 ...  view the full minutes text for item 15.

16.

City Fund - Strategic Update

Report of the City Surveyor.

 ...  view the full agenda text for item 16.

Minutes:

The Board received a report of the City Surveyor.

 

RECEIVED.

 ...  view the full minutes text for item 16.

17.

Bridge House Estates - Letting Report

Report of the City Surveyor.

 ...  view the full agenda text for item 17.

Minutes:

The Board approved a report of the City Surveyor.

 ...  view the full minutes text for item 17.

18.

Bridge House Estates- Strategic Review

Report of the Town Clerk.

 ...  view the full agenda text for item 18.

Minutes:

The Board received a report of the City Surveyor.

 

RECEIVED.

 ...  view the full minutes text for item 18.

19.

City's Estate - New leases of Suites K and L, 1 East Poultry Avenue, Smithfield Market

Report of the City Surveyor.

 ...  view the full agenda text for item 19.

Minutes:

The Board approved a report of the City Surveyor.

 

 

 ...  view the full minutes text for item 19.

20.

Gateway 3/4 - Options Appraisal - Refurbishment of vacant office space - 2nd and 3rd Floors and office reception area, Glen House, 200-208 Tottenham Court Road, London, W1

Report of the City Surveyor.

 ...  view the full agenda text for item 20.

Minutes:

The Board approved a report of the City Surveyor.

 ...  view the full minutes text for item 20.

21.

Combined Gateway 3/4/4C - Outline options & Detailed options Appraisal- Refurbishment of vacant office building - 35/37 Alfred Place, London WC1

Report of the City Surveyor.

 ...  view the full agenda text for item 21.

Minutes:

The Board approved a report of the City Surveyor.

 

 ...  view the full minutes text for item 21.

22.

Deed of Variation to the Development Agreement relating to 5 - 7 Giltspur Street, London, EC1A

Report of the City Surveyor.

 ...  view the full agenda text for item 22.

Minutes:

The Board approved a report of the City Surveyor.

 

 

 ...  view the full minutes text for item 22.

23.

City's Estate Strategic Review

Report of the City Surveyor.

 ...  view the full agenda text for item 23.

Minutes:

The Board received a report of the City Surveyor.

 

RECEIVED.

 ...  view the full minutes text for item 23.

24.

Strategic Property Estate - Update

Report of the City Surveyor.

 ...  view the full agenda text for item 24.

Minutes:

The Board received a report of the City Surveyor.

 

RECEIVED.

 ...  view the full minutes text for item 24.

25.

Questions on matters relating to the work of the Board

 ...  view the full agenda text for item 25.

Minutes:

There was one question.   

 ...  view the full minutes text for item 25.

26.

Any other business that the Chairman considers urgent and which the Committee agrees should be considered whilst the public are excluded

 ...  view the full agenda text for item 26.

Minutes:

There was one urgent item.

 ...  view the full minutes text for item 26.