Agenda item

Report of the Director of Innovation & Growth.

The Board considered a report of the Director of Innovation & Growth on the Culture Mile Business Partnership. The Director of Innovation & Growth introduced the report and highlighted the key elements of the report to the Board.

A Member commented on the importance of engaging with the resident population as the affected area of the City of London had a large number of residents.

A Member suggested that annual report evaluating the success of the Property Investment Board’s engagement with the BID be presented to the Board.

The Board agreed that Officers were to approach, outside of a formal meeting, Members who serve on the Culture Mile Working Party and Property Investment Board regarding a possible appointment as a Board representative on the Culture Mile Business Partnership Board.

RESOVLED- That: -

1. The Board agreed, in principle to fund a total contribution of £10k over the next two financial years (£10k for 2021/22 and £10k for 2022/23) from the City Surveyors’ local risk budget; and
2. That Board defer the appointment of a Member to the Culture Mile Business Partnership Board until Officers approach Members who serve on the Culture Mile Working Party and Property Investment Board.