Agenda item

To consider the report of the Executive Director, Environment.  

The Sub-Committee considered the report of the Executive Director, Environment.

RESOLVED, That the Sub-Committee

      I.         Agree the extension of the project programme from June 2022 to March 2023 to allow time to complete the project within the upcoming planting season and implement Phase 3 works;

    II.         Agree that the remaining project budget of £372,163 (including any interest accrued) is revised as set out in the finance tables in Appendix E; to complete the project in accordance with the Section 106 Agreement;

  III.         Approve of the budget adjustment summarised in table 2 Appendix E;

  IV.         Agree that the Corporate Programme Management Office, in consultation with the Chairman of the Operational Property and Projects Sub Committee and Chief Officer as necessary, is to decide whether any project issues or decisions that fall within the remit of paragraph 45 of the ‘City of London Project Procedure– Oct 2018’ (Changes to Projects: General), as prescribed in Appendix E of this report, are to be delegated to Chief Officer or escalated to the relevant committee(s); and 

    V.         Note that funding is subject to the capital programme review and that the final decision on whether to proceed will be dependent on the outcome of that review.