Agenda item

Aldgate Highway Changes and Public Realm Improvements – The Town Clerk in consultation with the Chairman and Deputy Chairman of both the Projects and Streets and Walkways Sub Committees had approved the following recommendations under urgency authority, Standing Order No. 41 (b) –

a)     £54,000 to introduce 4 ‘Experimental initiatives’ in the area;

b)     A sum of £584,000 to move the project to Gateway 4 to be met from –

o   £138, 368 of the Heron Tower S106 contribution;

o   £350, 000 of the Heron Tower S278(2) agreement; and

o   £95, 632 of the St Botolph Building S106 contribution.

c)     Unspent allocation be utilised to fund the project between Gateway 4 and Gateway.

Members noted that this project continued to be delivered to what was an ambitious programme with a target build commencement date of April 2014.  However, given the three unforeseen events that had arisen, urgency was granted to bring forward funding not to delay to programme.

RECEIVED.