Agenda item

Report of the Town Clerk

·         Energy Costs - Officers advised that correspondence had now been sent.  It was also reported that the Court of Common Council had approved the appointment of a preferred supplier for a Power Purchase Agreement (PPA) for off-site renewable electricity for the City of London Corporation. Advanced energy purchase would achieve savings and also reduce the volatility in energy pricing.  The appointment of a new Energy Engineer would support this process along with energy surveys and dedicated workshops for the three wholesale markets.  Members noted that the PPA would accrue substantial savings alongside other measures aimed at reducing energy consumption.

·         New Spitalfields Market entry barrier – Officers reported that correspondence had been circulated to Members outlining action to seek recompense for delays in completing the installation.