Minutes:
Members expressed disappointment in that the Christmas Auction at Smithfield Market had not gone ahead again this year. The Markets Director explained that this is a busy event, on a public highway. In order to exercise full due diligence, the fee for a Temporary Event Notice and road closure is around £2,000. The Smithfield Market Tenant’s Association (SMTA) were not prepared to pay this, despite the City Corporation’s offer of assistance.
In concluding, the Chairman agreed that it was disappointing but endorsed the Director’s approach to risk management and asked for a situation report ahead of this year’s arrangements.