Agenda item

The Sub-Committee received a report updating on Year 5 of the ‘Sculpture in the City’ project, advising on preparations for Year 6, and seeking approval of funding for the delivery of Years 7 to 9 of the project which would be implemented from 2017 to 2019.

Members felt that the lessons learnt were very valuable and welcomed the proposal to establish a charitable trust.

RESOLVED that,

a)            the contents of the update report be noted and the shortlist of artworks for Year 6 be agreed;

b)            an increase of £25,000 on the budget of Year 5 from TfL funding underspends in 2015/16 be approved to cover additional costs that have incurred in the delivery of last year’s project due to the unforeseen need to remove a piece earlier than programmed;

c)            an additional contribution of £30k to the sum of £90,000 already approved in May 2015 (bringing the total City contribution to £120k) for the implementation of this Year’s project, funded from the existing 22 Bishopsgate S106 be approved;

d)            the appointment of the specialist consultants (Lacuna PR Ltd, A et Cetera, Open City Architecture, Brunswick Media and Sally Bowling) and the tender exercise for the art moving specialists  be approved;

e)            the Partner Board be authorised to establish a Charitable Trust;

f)             a contribution of £360k from the S106 obligation connected with the Pinnacle development at 22 Bishopsgate to cover a capped 3 year commitment to support the running of the project by a Charitable Trust between 2017 and 2019 be approved; and

g)            delegated authority be given to the Director of Transportation and Public Realm and Head of Finance to adjust the project budget between staff costs, fees and works providing the overall budget is not exceeded.