Agenda and minutes

Venue: Committee Rooms, 2nd Floor, West Wing, Guildhall

Contact: Alistair MacLellan  Email: alistair.maclellan@cityoflondon.gov.uk

Items
No. Item

1.

Apologies

Minutes:

Apologies were received from Chris Boden, Deputy Michael Cassidy, Alderman Alison Gowman, Dhruv Patel and Tony Joyce.

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

2.

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

Minutes:

Alastair Moss noted that his employer, a legal firm, counted Reiss Limited among its clients so he would not chair Item 23 (City Fund Letting Report – Lease Renewal, 226-27 Leadenhall Market EC3 – Reiss Limited.

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

3.

Minutes pdf icon PDF 192 KB

To approve the public minutes and non-public summary of meeting held on 21 June 2017.

 

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

Minutes:

The minutes of the meeting held on 21 June 2017 were approved as a correct record.

 

Members then heard a presentation on the economic outlook for central London offices from a representative of Knight Frank.

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

4.

MIPIM Property Conference 2017 pdf icon PDF 169 KB

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

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

Minutes:

Members considered a joint report of the City Surveyor and the Director of the Built Environment regarding MIPIM Property Conference 2017 and a proposal for further City of London Corporation participation in MIPIM 2018.

 

RESOLVED, that Members

 

·         Note the report on MIPIM 2017 activity;

·         That the City of London Corporation should in principle attend MIPIM 2018;

·         Note that a further report outlining a detailed City of London Corporation programme for MIPIM 2018 would be submitted to Members in October 2018.

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

5.

Beech Street Property Uses - Update Report pdf icon PDF 98 KB

Joint Report of the City Surveyor and the Headmistress of the City of London School for Girls.

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

Minutes:

Members considered a joint report of the City Surveyor and Headmistress of the City of London School for Girls.

 

RECEIVED

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

6.

Questions on matters relating to the work of the Board

Minutes:

There were no questions.

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

7.

Any other business that the Chairman considers urgent

Minutes:

There was no other business.

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

8.

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 8.

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.

 

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

9.

Non-Public Minutes

To approve the non-public minutes of the meeting held on 21 June 2017.

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

Minutes:

The non-public minutes of the meeting held on 21 June 2017 were approved as a correct record.

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

10.

Crossrail Subsoil Acquisitions - All Estates Excluding Barbican

Report of the City Surveyor.

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

Minutes:

Members considered a report of the City Surveyor regarding Crossrail Subsoil Acquisitions for all estates excluding the Barbican and Highways.

 

RECEIVED

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

11.

City Surveyor Revenue Outturn Report 2016-17

Report of the City Surveyor and the Chamberlain.

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

Minutes:

Members considered a joint report of the City Surveyor and the Chamberlain regarding Revenue Outturn for 2016-17.

 

RECEIVED

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

12.

Vacant Accommodation Update as at 1 June 2017

Report of the City Surveyor.

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

Minutes:

Members considered an update report of the City Surveyor on vacant accommodation as at 1 June 2017.

 

RECEIVED

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

13.

Quarterly Delegated Authorities Update - 1st April 2017 to 30th June 2017 - City Fund, City's Estate & Bridge House Estates

Report of the City Surveyor.

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

Minutes:

Members considered an update report of the City Surveyor on recent delegated authority decisions exercised by the City Surveyor.

 

RECEIVED

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

14.

City Fund, City's Estate and Bridge House Estates - Performance Monitoring to 31 March 2017

Report of the City Surveyor.

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

Minutes:

Members considered a performance monitoring report of the City Surveyor regarding the City Fund, City’s Estate and Bridge House Estates.

 

RECEIVED

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

15.

City Fund and Bridge House Estates - Finsbury Circus: Crossrail Issue Report

Joint Report of the Director of Open Spaces, City Surveyor and Comptroller and City Solicitor.

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

Minutes:

Members considered a joint report of the Director of Open Spaces, City Surveyor and Comptroller & City Solicitor regarding Crossrail and Finsbury Circus.

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

16.

Project Management Event - Key themes for Organisational Action

Report of the Assistant Town Clerk & Cultural Hub Director.

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

Minutes:

Members considered a report of the Town Clerk regarding a project management event and key themes for organisational action.

 

RECEIVED

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

17.

Report of Action Taken Between Meetings

Report of the Town Clerk.

 ...  view the full agenda text for item 17.

Minutes:

Members considered a report of the Town Clerk on action taken since the last meeting of the Board.

 

RECEIVED

 ...  view the full minutes text for item 17.

18.

Delegations sought during the Summer Recess - Asset Management & Development

The City Surveyor to be heard.

 ...  view the full agenda text for item 18.

Minutes:

The Investment Property Group Director was heard regarding delegated authority decisions that would be required during the summer recess.

 ...  view the full minutes text for item 18.

19.

123/124 New Bond Street- Redevelopment behind a retained façade (City's Estate)

Report of the City Surveyor.

 ...  view the full agenda text for item 19.

Minutes:

Members considered a report of the City Surveyor regarding 123/124 New Bond Street – redevelopment behind a retained façade.

 ...  view the full minutes text for item 19.

20.

City's Estate - Rent Review Report - Whole 16-24 Brewery Road, N7 Rent Review - 25th March 2016

Report of the City Surveyor.

 ...  view the full agenda text for item 20.

Minutes:

Members considered a rent review report of the City Surveyor regarding 16-24 Brewery Road.

 ...  view the full minutes text for item 20.

21.

City's Estate Letting report - Cupola House, Alfred Place - New Letting

Report of the City Surveyor – TO FOLLOW.

 ...  view the full agenda text for item 21.

Minutes:

Members considered a letting report of the City Surveyor regarding Cupola House, 15 Alfred Place.

 ...  view the full minutes text for item 21.

22.

City Fund Letting Report - Lease Renewal, 4th Floor, 15/17 Eldon Street EC2M

Report of the City Surveyor.

 ...  view the full agenda text for item 22.

Minutes:

Members considered a letting report of the City Surveyor regarding a lease renewal of the fourth floor, 15/17 Eldon Street.

 

 ...  view the full minutes text for item 22.

23.

City Fund Letting Report - Lease Renewal, 26-27 Leadenhall Market EC3 - Reiss Limited

Report of the City Surveyor.

 ...  view the full agenda text for item 23.

Minutes:

The Deputy Chairman took the chair for the duration of this item.

 

Members considered a letting report of the City Surveyor regarding a lease renewal at 26/27 Leadenhall Market.

 ...  view the full minutes text for item 23.

24.

Bridge House Estates - 21 Lime Street - Purchase of Freehold Development Site: Confirmation of Final Price

Report of the City Surveyor.

 ...  view the full agenda text for item 24.

Minutes:

Members considered a report of the City Surveyor regarding the purchase of the freehold development site at 21 Lime Street.

 

 ...  view the full minutes text for item 24.

25.

Bridge House Estates - Letting report Part 3rd floor, Building 3 & 4, 1-5 London Wall Buildings EC2

Report of the City Surveyor.

 ...  view the full agenda text for item 25.

Minutes:

Members considered a letting report of the City Surveyor regarding part third floor, Buildings 3&4, 1-5 London Wall Buildings.

 ...  view the full minutes text for item 25.

26.

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

Minutes:

There was one question regarding Fleet House.  

 ...  view the full minutes text for item 26.

27.

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

Minutes:

There was one item of other business.

 ...  view the full minutes text for item 27.