Agenda and minutes

An apology was received from Deputy Michael Cassidy.

Deputy Catherine McGuinness declared a pecuniary interest in Item No. 12 by virtue of her daughter being a pupil at the Guildhall School.

To agree the public minutes of the meeting held on 4 October 2012 (copy attached).

The public minutes and summary of the meeting held on 4 October 2012 were considered and approved.

Report of the Chamberlain (copy attached).

The Sub-Committee considered a report of the Chamberlain updating Members on the arrangements for efficiency savings in 2013/14 and 2014/15. The report also detailed how Chief Officers intend to achieve their efficiency savings.

In answer to questions the Chamberlain explained the parameters set for achieving efficiency savings and confirmed that the three Schools would be the subject of a separate efficiency exercise.

It was suggested that consideration should be given to holding popular events at the Barbican Centre rather than just artistic ones in order to increase income. It was noted that the Centre would have to compete with the West End’s offering therefore there would be a risk in entering into commercial theatre.

RESOLVED – that the report be received and its content noted.

Report of the Director of the Built Environment (copy attached).

The Sub-Committee considered a report of the Director of the Built Environment concerning the allocation of two non-specific grants from Transport for London.

RESOLVED – that the content of the report be noted.

There were no questions relating to the work of the Sub-Committee.

There were no items of urgent business.

MOTION - That under Section 100(A) 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 I of the Schedule 12A of the Local Government Act.

RESOLVED – That under Section 100(A) 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 I of the Schedule 12A of the Local Government Act.

Item Nos.                                Exempt Paragraphs  Paragraph(s) in Schedule 12A

9 - 12                                                                                       3

To agree the non-public minutes of the meeting held on 4 October 2012 (copy attached).

The non-public minutes of the meeting held on 4 October 2012 were approved.

Report of the Chamberlain (copy attached).

The Sub-Committee considered and agreed a report of the Chamberlain setting out proposals to include provision within the draft medium term financial forecasts for the 2012/13 cyclical repairs and maintenance of operational property stock.

Report of the City Surveyor (copy attached).

The Sub-Committee considered and agreed a report of the City Surveyor concerning the marketing of Satellite Unit 1 at Billingsgate Market.

Report of the Chamberlain (copy attached).

The Sub-Committee considered a report of the Chamberlain concerning the funding arrangements for the Guildhall School’s Strategic Plan. Whilst members supported the School's aspirations. It was agreed that the proposal should be referred back to officers to prepare a more detailed financial plan together with a monitoring framework.

There were no questions on matters relating to the work of the Sub-Committee whilst the public were excluded.

There were no urgent items for consideration whilst the public were excluded.