Agenda item

Joint Report of the Remembrancer and the City Surveyor.

The Committee considered a joint report of the Remembrancer and the City Surveyor City Surveyor concerning the Aldgate Partnership and its desire to establish a more formal business improvement district (BID).

RESOLVED – That approval be given to:-

1.      the considerations set out in Paragraphs 18 – 20 being taken into account in determining whether the City Corporation should be supportive of promoting a BID in a defined area;

2.      the City Corporation providing rating information to the Aldgate Partnership to allow it to undertake a viability assessment in relation to the promotion of a formal BID; and

3.      it be noted that a further report would be summited should the Aldgate Partnership wish to pursue developing a formal BID.