Agenda and minutes

Property Investment Board - Wednesday, 17th January, 2018 8.30 am, MOVED

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

Contact: John Cater  Email: john.cater@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 Sir Mark Boleat, John Chapman, Alderman Alison Gowman, Tony Joyce, David Shaw OBE and David Brooks Wilson.

 ...  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:

1. Alderman Peter Hewitt confirmed he had a declaration with regard to a possible leasing of Colechurch House (item

 

2. The Chairman confirmed his firm acts for Steinhoff (item

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

3.

Minutes pdf icon PDF 189 KB

To approve the public minutes of the Property Investment Board meeting held on 13 December.

 

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

Minutes:

RESOLVED – That the public minutes of the meeting held on 13th December be approved.

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

4.

Questions on matters relating to the work of the Board

 

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

Minutes:

There were no questions.

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

5.

Any other business that the Chairman considers urgent

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

Minutes:

The City Surveyor raised the issue with regard to the City Bridge Trust overall investment and income oversight. The Property Investment Board needed to recognise the issue and it is being looked into.

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

6.

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 6.

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 6.

7.

Non Public Minutes

To approve the non-public minutes of the Property Investment Board meeting held on 13 December.

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

Minutes:

RESOLVED – That the non-public minutes of the meeting held on 13th December be approved.

 

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

8.

Report of Action Taken Between Meetings

Report of The Town Clerk.

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

Minutes:

Members received a Report of The Town Clerk.

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

9.

First Registration of the City's Freehold Titles - Progress since January 2017

Report of The City Surveyor.

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

Minutes:

Members received a Report of the City Surveyor.

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

10.

Quarterly Delegated Authorities Update: 1st October 2017 to 31st December 2017 - City Fund, City's Estate & Bridge House Estates

Report of The City Surveyor.

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

Minutes:

Members received a Report of the City Surveyor.

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

11.

Outstanding Lease Renewals & Rent Reviews: 1st July 2017 to 31st December 2017 - City Fund, City's Estate and Bridge House Estates

Report of The City Surveyor.

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

Minutes:

Members received a Report of The City Surveyor.

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

12.

Vacant Accommodation Update: as at 1st December 2017 - City Fund, City's Estate and Bridge House Estates

Report of The City Surveyor.

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

Minutes:

Members received a Report of The City Surveyor.

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

13.

Bridge House Estates: Annual Strategy Update

Report of The City Surveyor.

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

Minutes:

Members considered a Report of The City Surveyor.

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

14.

Bridge House Estates: Electra House and Tower Chambers, 74-92 Moorgate and 115-116 London Wall, EC2 - Rent Reviews Addendum

Report of The City Surveyor.

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

Minutes:

Members received a Report of The City Surveyor.

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

15.

Bridge House Estates:1/5 London Wall Buildings EC2 - Proposed Leasehold Disposal

Report of The City Surveyor.

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

Minutes:

Members received a Report of The City Surveyor.

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

16.

City's Estate: Guildhall House, 85 Gresham Street - Gateway 7 Outcome Report

Report of The City Surveyor.

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

Minutes:

Members considered a Report of The City Surveyor.

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

17.

City's Estate: 35-37 Alfred Place - Gateway 7 Outcome Report

Report of The City Surveyor.

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

Minutes:

Members considered a Report of The City Surveyor.

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

18.

City's Estate: 193 Fleet Street - Gateway 7 Outcome Report

Report of The City Surveyor.

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

Minutes:

Members considered a Report of The City Surveyor.

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

19.

City's Estate: 14-14A Brewery Road, N7 - Rent Review Report

Report of The City Surveyor.

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

Minutes:

Members considered a Report of The City Surveyor.

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

20.

City's Estate: 4th Floor, Boston House, 63-64 New Broad Street - New Letting Report

Report of The City Surveyor.

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

Minutes:

Members considered a Report of The City Surveyor.

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

21.

City's Estate: The College Arms Public House, 18 Store Street - New Letting Report

Report of The City Surveyor.

 

To Follow

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

Minutes:

Members considered a Report of The City Surveyor.

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

22.

City Fund: Annual Update Report

Report of The City Surveyor.

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

Minutes:

This Report was deferred.

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

23.

City Fund: 17 Fleet Street EC4 - New Letting Report

Report of The City Surveyor.

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

Minutes:

Members considered a Report of The City Surveyor.

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

24.

City Fund: 4-7 Salisbury Court, EC4 - Rent Review

Report of The City Surveyor.

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

Minutes:

Members considered a Report of The City Surveyor.

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

25.

City Fund (SPE): 4/5 Bonhill - Rent Review - Calderbank Letter

Report of The City Surveyor.

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

Minutes:

Members considered a Report of The City Surveyor.

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

26.

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

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

Minutes:

There was one question.

 ...  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

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

Minutes:

There were three items of business.

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