Agenda item

Joint report of the City Surveyor and the Director of the Built Environment.

The Committee considered a joint report of the City Surveyor and the Director of the Built Environment which outlined activities at MIPIM (le marché international des professionnels de l’immobilier) in 2019 and sought funding in relation to attendance at MIPIM 2020.

In response to questions concerning the cost of the event, the City Surveyor provided a breakdown of expenditure, a large proportion of which was associated with the transport and entry cost for the City’s model. He reassured Members that robust scrutiny was given to each element of spend every year to ensure costs were appropriate and minimised where possible. Members noted the particular importance of promoting London in the current climate and observed that the number of attendees and associated costs had been reduced in recent years.

RESOLVED: That approval be given to the City of London Corporation attending MIPIM 2020 with a total budget of £92,000, to be funded via the Central Communications Director budget (£5,000), Planning & Transportation Committee

budget (£11,250), the Property Investment Board (£21,750), and from the CPAT

budget (£54,000).