Joint report of the Director of Innovation & Growth and the City Surveyor.
The Board considered a joint report of the Director of Innovation & Growth and City Surveyor on the Year 1 plan for Climate Action.
RESOLVED- That: -
I. The Year 1 (Y1) Implementation plans for the areas accountable to PIB as found in Appendices 1-3 be approved; and
II. The Y1 composite budget envelope and programme has been approved by Policy and Resources Committee on 8th April 2021 be noted; and
III. That the Property Investment Board recommend to the Bridge House Estates (BHE) Board, in discharge of functions for the City Corporation as Trustee of Bridge House Estates (Charity no. 10345628) and solely in the charity’s best interests to approve the Y1 implementation plans for the delivery of CAS outcomes under the areas accountable to the Bridge House Estates Board as included in the Y1 Implementation Plan in Appendices 1-3. Bridge House Estates Board also recommended to make a 23% contribution (£370k) to the mobilisation needs of the Y1 budgets as BHE is 23% of the floor space. This amounts to the following for 2021-22:
a. £370k for the mobilisation costs of the Y1 IPG Net Zero Plan (23% as BHE 23% of floor space)
b. £46k for the Y1 Design Standards Plan (5%)
c. £15k for the mobilisation costs of the Y1 Resilient Buildings Plan (5%)
IV. That it be noted that any site level capital investment decisions arising from the Y1 programme of work to be taken separately for all portfolios, including BHE, following the mobilisation activities. BHE contributions to capital opportunities to be decided on a site level basis.