Report of the Managing Director of BHE and the Chamberlain
To be received in conjunction with the non-public appendix at Item 15.
Minutes:
The Board received a report of the Chamberlain providing Members with an update on the 2021/22 Central Contingencies uncommitted balances held by Bridge House Estates (BHE). The Chamberlain introduced the report and drew Members’ attention to the key points.
RESOLVED – That the BHE Board, in discharge of functions for the City Corporation as Trustee of Bridge House Estates (charity reg. no. 1035628) and solely in the charity’s best interests:
a) Note the central contingency budgets currently held by BHE for 2021/22; and
b) Note that £14,000 was approved from the central contingency provision at Item 8 for the Tower Bridge Project Coordinator role.
Supporting documents: