Agenda item

Climate Action Strategy - YEAR 2 Cool Streets and Greening Programme G3 - 4

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

 

Budget

Spend 2021/22

(To Jan 2022)

Proposed spend to March ‘23

Gateway 1-2

£320K

£123K

£197K

Gateway 3-4 Year 1

£660K

£nil

£660*

Gateway 3-4 Year 2

£750K existing sites

£550-850K new sites

N/A

A budget uplift of 120K is required to get to Gateway 5

 

Total proposed spend (in principle) £1.3M to 1.6M*

 

Revenue budgets

£120K

Year 2

 

 

*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: