Agenda item

Report of the Interim Executive Director, Environment.

The Committee considered a report of the Interim Executive Director, Environment, in respect of the provision of Transport for London (TfL) Local Implementation Plan (LIP) funding to the City of London Corporation for the year 2024/25.

A Member stated she welcomed the inclusion of Moor Lane.

RESOLVED, that -

1.        The allocations up to the maximum of £514,000, for the 2024/25 financial year 2024/25 be approved;

2.        Authority be delegated to the Interim Executive Director, Environment, in consultation with the Chairs and Deputy Chairs of the Planning & Transportation Committee and of the Streets & Walkways Sub-Committee, to allocate any additional funds which are made available by TfL in the 2024/25 financial year;

3.        Approval be granted to spend any funds awards for Principal Road Renewal, for the year 2024/25; and

4.        Authority be delegated to the Interim Executive Director, Environment to reallocate the TfL grant between the approved LIP schemes, should it become necessary during 2024/25, up to a maximum of £150,000.