Agenda

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

Contact: Joseph Anstee  Email: joseph.anstee@cityoflondon.gov.uk

Items
No. Item

Part 1 - Public Agenda

Governance and Strategy

1.

Apologies

2.

Members' Declaration Under the Code of Conduct in Respect of Items on the Agenda

3.

Minutes* pdf icon PDF 152 KB

To agree the public minutes and non-public summary of the meeting held on 27 April 2022.

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

4.

Outstanding Actions* pdf icon PDF 124 KB

Report of the Town Clerk

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

5.

Managing Director's Update Report pdf icon PDF 173 KB

Report of the Managing Director of Bridge House Estates (BHE)

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

Additional documents:

6.

Year 1 Q4 Update on Climate Action and Year 2 Plans pdf icon PDF 174 KB

Report of the Executive Director of Innovation and Growth

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

Finance

7.

Budget Monitoring: 1 April to 31 May 2022 pdf icon PDF 135 KB

Report of the BHE & Charities Finance Director

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

Additional documents:

8.

Update on BHE Contingency Funds* pdf icon PDF 105 KB

Report of the BHE & Charities Finance Director

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

Additional documents:

Primary Object - Bridges

9.

Blackfriars Bridge Parapet Refurbishment and Bridge Repainting - Gateway 5 Issue pdf icon PDF 2 MB

Report of the Executive Director of Environment

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

10.

Tower Bridge HV System Replacement and Increasing Resilience - Gateway 5 Progress* pdf icon PDF 110 KB

Report of the City Surveyor and the Managing Director of BHE

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

Additional documents:

11.

TfL's Bishopsgate Experimental Closure* pdf icon PDF 177 KB

Report of the Executive Director of Environment

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

Additional documents:

Ancillary Object - Charitable Funding

12.

Minutes of the Grants Committee of the BHE Board* pdf icon PDF 164 KB

To note the draft public minutes and draft non-public summary of the Grants Committee of the BHE Board meeting held on 20 June 2022.

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

13.

Alliance Partnerships - London Legal Support Trust, Advice Skills Development Fund (REF: 19437) pdf icon PDF 299 KB

Report of the Managing Director of BHE

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

Additional documents:

Investments

14.

BHE Investments Working Group - Terms of Reference pdf icon PDF 199 KB

Report of the Managing Director of BHE

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

15.

BHE Progress Update - Minimum Energy Efficiency Standards & Net Zero Carbon Action Plan for Investment Property Portfolio* pdf icon PDF 206 KB

Report of the City Surveyor

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

Additional documents:

Other

16.

Questions on Matters Relating to the Work of the Board and Any Other Business that the Chair Considers Urgent

17.

Exclusion of the Public

MOTION – With the Court of Common Council for the City Corporation as Trustee of Bridge House Estates (Charity No. 1035628) having decided to treat these meetings as though Part VA and Schedule 12A of the Local Government Act 1972 applied to them, it now be moved that the public be excluded from the meeting for the following items of business on the grounds that their consideration will in each case disclose exempt information of the description in paragraph 3 of Schedule 12A, being information relating to the financial and business affairs of any person (including the City Corporation as Trustee of the charity) which it would not be in the charity’s best interests to disclose.

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

Part 2 - Non-Public Agenda

Governance and Strategy

18.

Non-Public Minutes*

To agree the non-public minutes of the meeting held on 27 April 2022.

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

19.

BHE Principal Risk Register

Report of the BHE Chief Operating Officer

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

Primary Object - Bridges

20.

Highways Over the Charity's Bridges

Report of the Comptroller & City Solicitor

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

21.

Tower Bridge Full Year Business Performance Report 2021/2022

Report of the Director of Tower Bridge

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

Ancillary Object - Charitable Funding

22.

Non-Public Minutes of the Grants Committee of the BHE Board*

To note the draft non-public minutes of the Grants Committee of the BHE Board meeting held on 20 June 2022.

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

Investments

Financial Investments

23.

City's Cash & Bridge House Estates: Wellington's Global Total Return Fund

Report of the Chamberlain

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

24.

Financial Investments Performance Monitoring to 31 March 2022*

Report of the Chamberlain

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

Property Investments

25.

Impact of Construction Inflation on BHE Construction Projects

Report of the City Surveyor

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

26.

BHE: 30-34 New Bridge Street, EC4V 6BJ - Gateway 5 Issue

Report of the City Surveyor

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

27.

Refurbishment of Electra House, 84 Moorgate, EC2 - BHE - Gateway 5 Issue

Report of the City Surveyor

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

28.

BHE - Tower Chambers, 74 Moorgate, London, EC4 - Delegated Authority Request

Report of the City Surveyor

 ...  view the full agenda text for item 28.

29.

BHE - Airspace Lease Over Land at Tower Bridge Road & Shad Thames in Connection with Development of 226 Tower Bridge Road

Report of the City Surveyor

 ...  view the full agenda text for item 29.

30.

Revenue Outturn 2021-22 - Bridge House Estates Investment Property*

Report of the City Surveyor

 ...  view the full agenda text for item 30.

31.

BHE - Revenue Works Programme - 21/22 Outturn Report*

Report of the City Surveyor

 ...  view the full agenda text for item 31.

32.

BHE - Arrears of Rent as at March 2022 Quarter Day Minus 1*

Report of the City Surveyor

 ...  view the full agenda text for item 32.

33.

BHE - Rental Estimates Monitoring Report (December 2021 and March 2022 Quarters)*

Report of the City Surveyor

 ...  view the full agenda text for item 33.

34.

BHE - Vacant Accommodation Update as at 1 June 2022*

Report of the City Surveyor

 ...  view the full agenda text for item 34.

35.

BHE - Annual Valuation*

Report of the City Surveyor

 ...  view the full agenda text for item 35.

36.

BHE - Quarterly Delegated Authority Updates*

36a

Quarterly Delegated Authorities Update - 1 January 2022 to 31 March 2022

Report of the City Surveyor

 ...  view the full agenda text for item 36a

36b

Quarterly Delegated Authorities Update - 1 April 2022 to 30 June 2022

Report of the City Surveyor

 ...  view the full agenda text for item 36b

Other

37.

Report of Decisions Taken Under Delegated Authority or Urgency*

Report of the Town Clerk

 ...  view the full agenda text for item 37.

38.

Questions on Matters Relating to the Work of the Board and Any Other Business That the Chair Considers Urgent and Which the Board Agrees Should be Considered Whilst the Public Are Excluded

Part 3 - Confidential Agenda

39.

Confidential Minutes*

To agree the confidential minutes of the meeting held on 27 April 2022.

 ...  view the full agenda text for item 39.

NB: Certain non-contentious matters for information have been marked * with recommendations anticipated to be received without discussion, unless the Committee Clerk has been informed that a Member has questions or comments prior to the start of the meeting.