Agenda and minutes

Property Investment Board - Wednesday, 15th October, 2014 1.45 pm

Venue: Committee Room 3 - 2nd Floor West Wing, Guildhall. View directions

Contact: David Arnold
tel. no.: 020 7332 1174  Email: david.arnold@cityoflondon.gov.uk

Items
No. Item

1.

Apologies for Absence

 ...  view the full agenda text for item 1.

Minutes:

Apologies for absence were received from Christopher Boden, Mark Boleat, Roger Chadwick, and Brian Harris.

 ...  view the full minutes text for item 1.

2.

Members' Declarations under the Code of Conduct in respect of items on the agenda

 

 ...  view the full agenda text for item 2.

Minutes:

Michael Hudson declared a non-pecuniary interest in item 10 of the agenda, a report for information regarding property transactions approved between 1 July and 30 September 2014.

 ...  view the full minutes text for item 2.

3.

Minutes pdf icon PDF 127 KB

To approve the public minutes and summary of the Property Investment Board meeting held on Wednesday 17 September 2014.

 

 ...  view the full agenda text for item 3.

Minutes:

RESOLVED – That the public minutes and summary of the meeting held on 17 September 2014 be approved.

 ...  view the full minutes text for item 3.

4.

Bank Station Capacity Upgrade pdf icon PDF 287 KB

Report of the Director of the Built Environment.

 ...  view the full agenda text for item 4.

Minutes:

The Board received a report of the Director of the Built Environment regarding the Bank Station Capacity Upgrade. Members were informed that the report had been approved by the Planning and Transportation Committee during their meeting in October 2014.

 

In response to a question from the Chairman, the City Surveyor advised that details of the objection procedure were not ready yet but a report regarding 10 King William Street would be presented to the next appropriate meeting.

 

RESOLVED – That the report be noted.

 ...  view the full minutes text for item 4.

5.

Questions on matters relating to the work of the Board

 ...  view the full agenda text for item 5.

Minutes:

There were none.

 ...  view the full minutes text for item 5.

6.

Any other business that the Chairman considers urgent

 ...  view the full agenda text for item 6.

Minutes:

There was none.

 ...  view the full minutes text for item 6.

7.

Exclusion of the Public

MOTION – That under Section 100A(4) of the Local Government Act 1972, the public be excluded from the meeting for the following items on the grounds that they involve the likely disclosure of exempt information as defined in Part 1 of Schedule 12A of the Local Government Act.

 

 

 

 ...  view the full agenda text for item 7.

Minutes:

RESOLVED – That under Section 100A(4) of the Local Government Act 1972, the public be excluded from the meeting for the following items on the grounds that they involve the likely disclosure of exempt information as defined in Part 1 of Schedule 12A of the Local Government Act.

 

Item No.

Paragraph No.

8 – 16

3

 

 

 

 

 ...  view the full minutes text for item 7.

8.

Non Public Minutes

To approve the non-public minutes of the Property Investment Board meeting held on Wednesday 17 September 2014.

 ...  view the full agenda text for item 8.

Minutes:

RESOLVED – That the non-public minutes of the meeting held on 17 September 2014 be approved.

 

 ...  view the full minutes text for item 8.

9.

Report of Action Taken Between Meetings

Report of the Town Clerk.

 ...  view the full agenda text for item 9.

Minutes:

The Board received a report of the Town Clerk that provided Members with details of decisions taken by the Town Clerk, in consultation with the Chairman and Deputy Chairman, since the Board’s last meeting on 17 September 2014.

 

RESOLVED – That the details of decisions taken between meetings be noted.

 ...  view the full minutes text for item 9.

10.

Quarterly Delegated Authorities Update - 1 July 2014 to 30 September 2014

Report of the City Surveyor.

 ...  view the full agenda text for item 10.

Minutes:

The Board received a report of the City Surveyor that advised Members of property transactions approved under his delegated authority between 1 July 2014 to 30 September 2014.

 

RESOLVED – That the report be noted.

 ...  view the full minutes text for item 10.

11.

City Fund - Letting Report

Report of the City Surveyor.

 ...  view the full agenda text for item 11.

Minutes:

The Board considered a City Fund Letting Report of the City Surveyor.

 ...  view the full minutes text for item 11.

12.

160 Aldersgate Street - Surrender and Re-Grant of Head Lease

Report of the City Surveyor.

 ...  view the full agenda text for item 12.

Minutes:

This item was withdrawn.

 

 ...  view the full minutes text for item 12.

13.

123 New Bond Street lease variation

Report of the City Surveyor.

 ...  view the full agenda text for item 13.

Minutes:

The Board considered a City’s Estate Letting Report of the City Surveyor.

 ...  view the full minutes text for item 13.

14.

Leadenhall Market Strategy Update - Presentation

The City Surveyor to be heard.

 ...  view the full agenda text for item 14.

Minutes:

The Board received a verbal update from the City Surveyor regarding the Leadenhall Market strategy, which was adopted.

 ...  view the full minutes text for item 14.

15.

Non-Public questions on matters relating to the work of the Board

 ...  view the full agenda text for item 15.

Minutes:

There were none.

 ...  view the full minutes text for item 15.

16.

Any other business that the Chairman considers urgent and which the Board agrees should be considered whilst the public are excluded

 ...  view the full agenda text for item 16.

Additional documents:

Minutes:

The Board considered four items of urgent business.

 ...  view the full minutes text for item 16.