Agenda item

Report of the Chamberlain.

NB: To be read in conjunction with the appendices at Item No. 12

The Sub-Committee considered a report of the Chamberlain advising on the current unallocated balances from the previously approved additional funds for capital schemes allocated to City’s Cash and the City Fund, and seeking approval for specific allocations concerning the Barbican Area Strategy and City WiFi provision.

It was noted that the non-public appendices circulated at Item 12 on the agenda were to be read in conjunction with this item.

It was further noted that the Policy & Resources Committee had endorsed the proposals at its meeting earlier that day.

RESOLVED: That Members agree the following allocations:

·           £0.62m to fund the City Wi-Fi scheme from the 2014/15 provisions (£0.31m City Fund and £0.31m City’s Cash).

·           £0.204m to fund the costs arising from the widened scope of the Barbican Area Strategy Review from the 2014/15 City Fund provision.