Agenda item

Report of the City Surveyor.

The Committee received a report of the City Surveyor seeking to declare a volume of airspace situated above 365 ft² of City Fund highway land at Leadenhall Street, EC3 to be surplus to highway requirements to allow its disposal in conjunction with the development known as 'The Scalpel'.

The development scheme was approved by the Committee on the 15 May 2014 and was designed with projecting glazed canopies along its two principal elevations part of which was intended to project into City Corporation property above the highway.

Before third party interests could be granted in City Fund highway land the affected areas first needed to be declared surplus to highway requirements.

RESOLVED to declare a volume of City Fund highway land above an area of highway measuring 365 ft² (33.91m²) situated in Leadenhall Street EC3 to be surplus to highway requirements to enable its disposal upon terms to be approved by the Corporate Asset Sub Committee and subject to the City Corporation retaining ownership of the highway and the continuing highway functions.