Agenda item

Report of the Director of the Built Environment

The Sub Committee considered a report of the Director of the Built Environment concerning the creation of a new public space and wider improved public realm in the vicinity of the 60-70 St Mary Axe development.

In response to a question from a Member, the Director of the Built Environment and the Comptroller and City Solicitor respectively outlined usual practices in the agreement and implementation of S278 agreements, particularly regarding the return of unspent funds.

RESOLVED – That the Streets & Walkways Sub Committee:

1.    Note the contents of this report and authorise closure of the project; and

2.    Authorise the return of £94,030 to the developer under the terms of the Section 278 agreement, subject to verification of final accounts.