Agenda and minutes

Virtual Public Meeting (Accessible Remotely), Resource Allocation Sub (Policy and Resources) Committee - Thursday, 7th May, 2020 12.00 pm

Venue: https://youtu.be/P-9ZoZA1gSM

Contact: Gregory Moore
tel. no.: 020 7332 1399  Email: gregory.moore@cityoflondon.gov.uk

Note: Virtual Public Meeting (Accessible Remotely) 

Items
No. Item

1.

Apologies

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

Minutes:

There were no apologies.

 ...  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 126 KB

To agree the public minutes of the Sub-Committee meeting held on 19 March 2020.

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

Minutes:

The public minutes of the meeting held on 19 March 2020 were approved as a correct record.

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

4.

Capital Funding Update pdf icon PDF 141 KB

Report of the Chamberlain.

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

Additional documents:

Minutes:

The Sub-Committee considered a report of the Chamberlain setting out various bids for capital funding.

 

Whilst these bids were considered ‘business as usual’ for the City, the Chamberlain confirmed that work was underway to prioritise essential schemes to be progressed during the current crisis, pending a fuller assessment of the financial impact of the crisis and the potential impact on future affordability of new schemes.

 

RESOLVED, that Members:-

 

1.    Agree the allocation of central funding of up to £281.2k to allow 2 schemes to progress to the next gateway:

 

a)    Guildhall Complex Chiller Plant replacement £174.2

b)    Guildhall Steam Plant Replacement £107k

 

2.    Note that work is underway to identify priority schemes to be progressed during the current crisis to ensure that funding for only the most essential schemes is committed for the time being.

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

5.

Questions on matters relating to the Work of the Sub-Committee

 ...  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 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 1 of the Schedule 12A of the Local Government Act.

 

 

Part 2 – Non-Public Agenda

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

Minutes:

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.

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

8.

Non-Public Minutes

To agree the non-public minutes of the Sub-Committee meeting held on 19 March 2020.

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

Minutes:

The non-public minutes of the meeting held on 19 March 2020 were approved as a correct record.

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

9.

Options Proposal to Assist Investment and Operational Tenants for June Quarter Rents

Report of the City Surveyor (TO FOLLOW).

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

Minutes:

Members considered a report of the City Surveyor regarding an options proposal to assist investement and operational tenants for June quarter rents.

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

10.

Questions on Matters Relating to the Work of the Sub-Committee

 

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

Minutes:

There were no questions.

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

11.

Any Other Business that the Chairman Considers Urgent and which the Sub-Committee agree should be Considered Whilst the Public are Excluded

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

Minutes:

There was no urgent business.

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