Agenda item

For Decision

The Sub-Committee considered a report of the Director of the Built Environment which provided an overview of the Monument and Lower Thames Street Junction public realm enhancement project. Officers advised that this project would create green spaces, opportunities for informal seating, and an improved layout within the area.

In response to Member’s questions on future maintenance, officers advised that the responsibility would lie with the City and not TFL.

Members asked that officers ensure skateboarding is discouraged when creating the designs.

RESOLVED – That the Sub-Committee:

a)    agree that the project proceeds to Gateway 5 at a total estimated cost up to £260,032 to be funded from Transport for London (£111,532), the 20 Fenchurch Street Section 106 Agreement (£97,500 plus interest accrued and indexation) and further funding of approximately £50,000 to be identified and confirmed at the next reporting stage – see paragraph 3, Next Steps;

b)    agree the funding of £32,500 required to reach the next stage of reporting to be funded from Transport for London (£111,532) – see details in table 2; and

c)    agree that this project proceed on the light route of the project procedure.