Agenda item

Report of the Director of the Built Environment

The Members considered a Gateway 3/4/5 Authority to Start Work report of the Director of the Built Environment.

RESOLVED – To:

·         Approve the adjustment of the evaluation budgets to reflect the expenditure incurred;

·         Approve the implementation of the Section 278 highway works with an estimated cost of £674,060 as listed in the design summary in the main report and shown in the General Arrangement drawing;

·         Delegate authority for any adjustments between elements of the approved budget to the Chief Officer in consultation with the Chamberlain’s Head of Finance;

·         Delegate authority for any budget increases to the Chief Officer in consultation with the Chamberlain and Town Clerk, provided there is no change to the approved scope of works and the City receives upfront funding from the developer;

·         Authorise the City to sign a Section 8 agreement (S.8) with Transport for London (TfL) permitting the City to implement the works on Bishopsgate, part of the Transport for London Road Network.

·         Authorise Officers to seek relevant regulatory and statutory consents, orders and approvals (e.g Traffic Regulation Orders) as may be required to progress and implement the scheme; and

·         Agree that the commencement of the Section 278 works be dependent upon full funding being first received from the developer.