Purpose

The Cabinet will be asked to approve proposals
for the allocation of £450,000 Strategic Community
Infrastructure Levy (CIL) funding to Barking Riverside Limited over
a three-year period, as a contribution towards the extension of
Uber Boat by Thames Clipper UBTC) services to the Barking Riverside
area.

Content

Cabinet resolved to:
 
(i)  Support
the proposal for £450,000 to be allocated over three years to
part-fund extended services for Uber Boat by Thames Clipper (UBTC)
services at Barking Riverside;
 
(ii)  Note the
proposed draft letter of support to Barking Riverside Limited (BRL)
setting out the in-principle allocation
of the funding, conditional on remaining funding being found by
BRL;
 
(iii)  Delegate authority
to the Strategic Director, Inclusive Growth to take any steps
necessary to ensure compliance with the Subsidy Control Act 2022;
and
 
(iv)  Delegate authority
to the Strategic Director, Inclusive Growth, in consultation with
the Head of Legal, to execute all agreements, contracts and other
documents on behalf of the Council in order
to implement the allocation of SCIL funding.