Agenda item

London Business Rates Pool - Strategic Investment Pot

Report of the Chamberlain (TO FOLLOW).

Minutes:

The Committee considered a report of the Chamberlain seeking approval to eight recommended bids to the Strategic Investment Pot (SIP).

 

RESOLVED: That,

 

1.    The recommendations as set out in the SIP Consultation Report be approved.

2.    SIP funding be allocated according to the outcomes of the consultation with London Boroughs and the GLA which totals at £46.83m in the City of London Corporation’s role as lead authority for the pot.

Supporting documents: