To consider the report of the Executive Director, Environment.
Minutes:
RESOLVED, That Members
1. [Year 1 projects] – Note the progress on Cool Streets and Greening Year 1 projects (see appendix 4): · Cheapside sunken garden · Bevis Marks · Jubilee Gardens · City of London School – riverside site · Vine Street tree planting – monitoring only · Climate resilient planting (4 sites) – monitoring only;
2. [Year 2 projects] -Approve in principle a budget of £750K for design and installation of climate resilience measures on six Year 2 sites to enable redesigns of existing sites to be progressed. Final designs and costs will be confirmed through Gateway 5 reports for each individual site. · Little Trinity Lane · Crescent · Bank · Moor Lane · Barbican – monitoring only · Finsbury Circus – monitoring only;
3. Note that revenue costs of £120K associated with maintenance and monitoring for Year 2 sites will be funded from the Climate Action Strategy revenue budget;
4. [Additional Year 2 projects] – Approve a budget of £550-850K (depending on the number of sites identified) for the identification, design and implementation (in principle) of additional sites through the following workstreams in Year 2: · Cubic Mile project in conjunction with British Geological Survey (BGS) · Heat Resilient Highways – risk appraisal · Citywide Greening and Biodiversity, (final designs and implementation costs for the additional sites identified in Year 2 will be subject to Gateway 5 approval); |
5. Note the revised budgets set out in table 1
*Subject to Gateway 5 approval for implementation;
6. Note that of the Year 1 funding approved at Gateway 1-2 for evaluation and programme development and Gateway 3-4 for site design and implementation, £857K will be carried forward to Year 2 to complete this work;
7. Note that, in addition, revenue budgets of 120K over a period of five years for maintenance and monitoring of Year 2 projects are required; |
8. Note the progress that has been made on the Cool Streets & Greening project since Gateway 2 approval in April 2021.See appendix 3;
9. Note the total estimated cost of the project at £6.8M = 1.7M per year for 4 years CAS budget (excluding risk). |
Supporting documents: