Agenda and minutes

Apologies were received from Michael Hudson, Mark Boleat, Deputy Stella Currie, Alex Deane, Deputy Robin Eve, Michael Henderson-Begg, Deputy Henry Jones, Robert Merrett, Elizabeth Rogula, Alderman Sir Michael Savory and Alderman Sir John Stuttard.

There were no declarations.

To approve the public minutes and summary of the Markets Committee held on 25 September 2012

The public minutes and summary of the meeting held on 25 September 2012 were approved.

Report of the Chamberlain and the Director of Markets and Consumer Protection

For Decision

A joint report of the Chamberlain and the Director of Markets and Consumer Protection which set out the annual submission of the revenue and capital budgets was considered. The report sought approval for the provisional revenue budget for 2013/14 for subsequent submission to the Finance Committee.

The Chairman highlighted that the recommendations being sought for approval allowed the Chamberlain to revise the budgets. He recommended that if the revision of the budgets varied by more than 10% of net expenditure a further report should be submitted to this Committee.

It was noted that this report was set out in the template agreed by the Members’ Working Party and that the figures set out in brackets were a saving and not a deficit. In response to a question by a Member, it was noted that feedback would be provided to the Members’ Working Party on the need for notes and paragraph numbers to be set out more clearly.

In relation to paragraph six of the report which stated that ‘no budget is currently proposed in 2013/14’, the Director pointed out that this related to the legal costs for the lease renewal process at Smithfield Market and that if a court hearing was necessary the proceedings should be complete before the next financial year.

In response to a question by a Member it was noted that a breakdown of the transport related expenses would be provided to him. 

RESOLVED – That Members approve: -

·         The budget for submission to the Finance Committee;

·         The capital budget;

·         To authorise the Chamberlain to revise the budgets to allow for further implications arising from PP2P reviews, the implementation of the City of London Procurement Service, changes to the Additional Works Programme, implications arising from Carbon Trading Allowances and changes in respect of recharges and;

·         If the

Report of the Director of Markets and Consumer Protection

For information

A report of the Director of Markets and Consumer Protection advising Members of the enforcement activity carried out by the Enforcement Team within the Markets & Consumer Protection Department and the Food Standards Agency at Smithfield Market during the four month period from 1 June 2012 to 30 September 2012 was considered.

RESOLVED – That Members note the contents of the report.

Retail trade at redeveloped General Market

In response to a question by a Member it was noted that the retail trade at the re-developed General Market would not come under the jurisdiction of this Committee.

There were no urgent items.

MOTION: That under Section 100A of the Local Government Act 1972, the public be excluded from the meeting for the following items of exempt information as defined in Part 1 of Schedule 12A of the Local Government Act.

RESOLVED: That under Section 100A of the Local Government Act 1972, the public be excluded from the meeting for the following items of exempt information as defined in Part 1 of Schedule 12A of the Local Government Act.

To approve the non-public minutes of 25 September 2012

The non-public minutes and summary of the meeting held on 25 September 2012 were approved subject to additional text being added under item 13, Smithfield Leases.

Report of the City Surveyor

For Decision

 A report of the City Surveyor was considered and agreed.

Report of the Director of Markets and Consumer Protection

For information

A report of the Director of Markets and Consumer Protection was received.

Two questions were asked relating West Poultry Avenue and the Smithfield Lease Negotiations.

There was one urgent item relating to Satellite Unit 1, Billingsgate Market.