Agenda and minutes

Property Investment Board - Wednesday, 16th May, 2018 8.30 am

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

Contact: John Cater  Email: john.cater@cityoflondon.gov.uk

Items
No. Item

1.

Apologies for Absence

 

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

Minutes:

Apologies for absence were received from Christopher Hayward, Tony Joyce and David Shaw OBE.

 ...  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.

Resolution of the Investment Committee

To consider a resolution of the Investment Committee dated 9th May 2018.

 

To follow

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

Minutes:

Members received a Resolution of the Investment Committee dated 9th May 2018.

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

4.

TERMS OF REFERENCE, FREQUENCY OF MEETINGS, 2018/19 WORK PROGRAMME, AND APPOINTMENTS TO OTHER COMMITTEES pdf icon PDF 80 KB

Report of the Town Clerk

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

Additional documents:

Minutes:

Members considered a Report of the Town Clerk concerning the Property Investment Board’s Terms of Reference, the frequency of Board meetings in 2018/19, the forward work programme for the rest of the year, the reappointment of the co-opted Members of the Board and the appointments to other Committees.

 

RESOLVED:

That Members noted the Property Investment Board’s Terms of Reference

 

That Members approved the frequency of the Board’s meetings in 2018/19

 

That Members approved the proposed work programme for 2018/19

 

That Members approved the re-appointment of David Brooks Wilson, Stuart Corbyn, Tony Joyce and David Shaw as Co-opted Members of the Board for the ensuring year, and;

 

That Members appointed the following Member to the Corporate Asset Sub Committee:

Alderman Alison Gowman

 

That Members appointed the following Member to the Social Investment Board:

Alderman Alison Gowman

 

 

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

5.

Minutes pdf icon PDF 55 KB

To approve the public minutes of the Property Investment Board meeting held on 21 March.

 

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

Minutes:

RESOLVED – That the public minutes of the meeting held on 21st March 2018 be approved with one amendment:

 

Alderman Peter Hewitt had expressed his apologies for missing the last meeting of the Board. This would be updated in the final version of the minutes.

 ...  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 was no other business.

 ...  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.

 

 

 

 

 

 

 ...  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 21 March

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

Minutes:

RESOLVED – That the non-public minutes of the meeting held on 21 March 2018 be approved.

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

10.

Report on Action Taken

Report of the Town Clerk.

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

Minutes:

Members received a Report of the Town Clerk.

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

11.

Delegated Authorities as at 31st March

Report of the City Surveyor.

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

Minutes:

Members received a Report of the City Surveyor.

 

 

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

12.

Rental Forecasts Quarterly Report

Report of the City Surveyor.

 

To follow.

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

Minutes:

Members received a Report of the City Surveyor.

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

13.

Annual Valuation Report

Report of the City Surveyor.

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

Minutes:

Members received a Report of the City Surveyor.

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

14.

Write off report (under £5K)

Report of the City Surveyor.

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

Minutes:

Members received a Report of the City Surveyor.

 

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

15.

City's Estate : South Molton Street - Collaboration Agreement

Report of the City Surveyor.

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

Minutes:

Members received a Report of the City Surveyor.

  

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

16.

City Fund: 15/17 Eldon Street, Lease renewal, 3rd floor

Report of the City Surveyor.

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

Minutes:

Members received a Report of the City Surveyor.

 

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

17.

City Fund: Gateway 3 Report - 15/17 Eldon Street - Refurbishment/extension

Report of the City Surveyor.

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

Minutes:

Members received a Report of the City Surveyor.

 

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

18.

BHE - 1-5 London Wall Buildings EC2 - Disposal of New 150 Year Lease

Report of the City Surveyor.

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

Minutes:

Members received a Report of the City Surveyor.

 

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

19.

BHE - 1/5 London Wall Buildings EC2 - Proposed Leasehold Disposal - TUPE

Report of the City Surveyor.

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

Minutes:

Members received a Report of the City Surveyor.

 

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

20.

BHE - Surrender of part ground floor, 1-5 London Wall Buildings & New letting of Part 1st floor, 23 Finsbury House, London EC2

Report of the City Surveyor.

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

Minutes:

Members received a Report of the City Surveyor.

 

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

21.

Bridge House Estates : Gateway 3/4 Options Appraisal : Candlewick House, 116-126 Cannon Street, London, EC4

Report of the City Surveyor.

 

To Follow.

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

Minutes:

Members received a Report of the City Surveyor.

 

 

 

 

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

22.

Bridge House Estates - Non-Compliant Waiver Report for Architect Fees on Candlewick House, 116-126 Cannon Street, London, EC4

Report of the City Surveyor.

 

To Follow

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

Minutes:

Members received a Report of the City Surveyor.

 

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

23.

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

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

Minutes:

There were no questions.

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

24.

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

Michael Graham – Spelthorne Council

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

Minutes:

There were two items of urgent business.

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