Agenda and minutes

Property Investment Board - Tuesday, 10th September, 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, Ray Catt, Brian Harris and Dhruv Patel.

 ...  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:

There were no declarations.

 

 

 ...  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 10 July 2013.

 

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

Minutes:

The public minutes and summary of the meeting held on 10 July 2013 were approved.

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

4.

Appointment of Additional Member to the Corporate Asset Sub (Finance) Committee

To appoint one Member to the Corporate Asset Sub Committee.

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

Minutes:

The Chairman requested that any Member willing to serve on the Corporate Asset Sub (Finance) Committee come forward. There being no Members who came forward, the vacancy remained unfilled.

 

 

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

5.

Planning Issues in the City

Presentation by the City Planning Officer.

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

Minutes:

The Board received a presentation of the City Planning Officer updating Members on planning issues in the City.

 

In response to a Member’s question, the City Planning Officer responded that flexible leases, aimed at small and medium enterprises (SMEs) would be attractive to new occupiers. He also highlighted the importance of maintaining the City’s breadth of offer to cater for different size businesses from multi-national corporations to SMEs.

 

In response to a Member’s question, the City Planning Officer responded that it was important to achieve balance in the listing of buildings. He was concerned that certain parts of the City could become frozen in time if listing became too prevalent.

 

 

 

 

 

 

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

6.

Questions on matters relating to the work of the Board

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

Minutes:

There were no questions.

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

7.

Any other business that the Chairman considers urgent

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

Minutes:

There were no urgent items.

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

8.

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 8.

Minutes:

RESOLVED – 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.

 

Item no.

Paragraph no.

9-18

3

19 & 20

-

 

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

9.

Non Public Minutes

To approve the non-public minutes of the Property Investment Board meeting held on 10 July 2013.

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

Minutes:

The non-public minutes of the meeting held on 10 July 2013.

 

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

10.

Report of Action Taken Between Meetings

Report of the Town Clerk.

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

Minutes:

The Board received a report of the Town Clerk detailing all action taken using delegated authority and urgency procedures since the last meeting.

 

 

 

 

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

11.

Property Market and Valuation Presentation

Presentation by representatives of Jones Lanes LaSalle.

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

Minutes:

The Board received a presentation from representatives of the City’s valuers Jones Lang La Salle.

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

12.

City Surveyor's Business Plan 2013-16: Quarter 1 Progress Report

Report of the City Surveyor.

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

Minutes:

The Board received a report of the City Surveyor.

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

13.

Vacant Accommodation Update as at 1 June 2013

Report of the City Surveyor.

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

Minutes:

The Board received a report of the City Surveyor.

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

14.

City's Rental Forecasts Monitoring Report

Report of the City Surveyor.

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

Minutes:

The Board received a report of the City Surveyor.

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

15.

Outstanding Lease Renewals & Rent Reviews

Report of the City Surveyor.

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

Minutes:

The Board received a report of the City Surveyor.

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

16.

City's Estate Letting Report - 216-217 Tottenham Court Road, London, W1

Report of the City Surveyor.

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

Minutes:

The Board approved a report of the City Surveyor.

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

17.

Outcome Report - Tower Bridge Access Improvements

Report of the City Surveyor.

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

Minutes:

The Board received a report of the City Surveyor.

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

18.

Progress Report - Bridge Master's Car Park, Tower Bridge Road, London, SE1 - Proposed Development of Car Park for replacement Operational Facilities, Affordable Housing and Retail Units

Report of the City Surveyor.

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

Minutes:

The Board received a report of the City Surveyor.

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

19.

Non-Public questions on matters relating to the work of the Board

 

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

Minutes:

There were no questions.

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

20.

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

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

Minutes:

The following items of urgent business were raised –

 

·         Delegated Authority Requests - 99 New Bond Street, W1 & 200 Aldersgate, EC1

 

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