Agenda item

Repot of the Town Clerk.

The Board received a report of the Town Clerk which advised Members of

action taken by the Town Clerk since the last meeting of the Markets Committee, in consultation with the Chairman and Deputy Chairman, and in accordance with Standing Order No. 41(a).

NEW SPITALFIELDS MARKET – SALE OF GENERATORS

Action taken:  The Town Clerk, in consultation with the Chairman and Deputy Chairman, agreed:-

• To sell the three generators and fuel tanks for the best obtained offer of £64,000, plus sell the rebated fuel contained within the tanks for an estimated conservative value of £4,800 (total receipts £68,800).
• That the proceeds of the sale be returned to the Old Spitalfields Market Maintenance Fund, to be used to fund future projects at New Spitalfields Market.
• To eliminate any operational risk in the unlikely event of a power failure, an annual Disaster Recovery Plan be required for each of the existing generator locations with MEMS Power Generation at a cost of £4,485 for the first year (to include the bespoke creation of each plan) followed by an annual membership fee of £1,785.  In the event of a major power failure, generators and all associated equipment would be brought to site on a hire basis (with the estimated cost for 1 week’s hire being £5,580).

Reason for urgency: The Markets Committee was not scheduled to meet again until 25^th May 2022 and the changes to fuel legislation were due to take effect from 1^st  April  2022.  After this date, if the generators and fuel tanks had not been sold, as agreed above,  there would have been significant costs.

CONCESSIONARY PARKING DURING THE EASTER PERIOD 2022

Action taken: The Town Clerk, in consultation with the Chairman and Deputy Chairman, agreed a concessionary period such that the current tariff for the Rotunda Car Park be reduced to free for one night (Wednesday 13th April into Thursday 14th April) for all workers and customers arriving after 9pm and leaving before 10am the following day.  NB. A similar one night car parking concession was granted for Easter 2021.

Reason for urgency: The request was submitted after the January Committee meeting and the next meeting of the Committee was not scheduled until 25^th May 2022.

RESOLVED, that – the report be noted.