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City of London Ward News June 2015 Cordwainer Cheapside BID approvedProposed Cheapside BID boundary STREET NUN COURT Alban Highwalk City businesses have ALDERSGATE OAT LANE St Alban's Court Three Nun Court WHITE HORSE YARD LANGTHORN COURT ALDERMANBURY approved the GREAT SWAN ALLEY NOBLE STREET Cycle Track LOVE MOORGATE PLACE LANE GREAT WINCHESTER STREET establishment of a GREAT SWAN ALLEY WOOD STREET STAINING LANE Queen Isabella Way ANGEL STREET COPTHALL AVENUE THROGMORTON AVENUE BASINGHALL Business Improvement Copthall Close ALDERMANBURY KING EDWARD STREET Christchurch Passage Guildhall MOORGATE STREET Mason's Ave Posts COLEMAN STREET Whalebone Court Cycle Great Bell Alley District (BID) for the NEWGATE STREET Hire GRESHA Station TELEGRAPH STREET Copthall Bldgs M STREE Greyfriars Passage Guildhall T Yard British Telecom ST MARTIN'S LE GRAND AUSTIN FRIARS Cheapside Area. The Centre CAREY LANE Guildhall Buildings Bank Cycle KING'S ARMS YARD Hire Station rton Avenuerton BID Ballot was held Angel Court GUTTER LANE NEWGATE STREET Throgmo WARWICK LANE St Margaret's Close FOSTER LANE FOSTER Rose and Crown Rose Street Court Priest'sCourt WOOD STREET GRESHAM S TOKENHOUSEYAR D between 13 March and Queen's Head Passage TREET Bank Founders Court GOLDSMITH STREET THROGMORTON STREET PanyerAlley 10 April 2015 and White Hart Street LOTHBURY THREADNEEDL MILK STREET E W Compter Passage ALK Paternoster Row LAWRENCE LANE IRONMONGER LANE Cycle returned a clear majority Hire RUSSIA ROW Station CanonAlley KING STREET St Olave's Court Prudent Passage TRUMP STREET OLD JEWRY in favour of the BID BARTHOLOMEW LANE Paternoster Lane CHEAPSIDE Bank of England St Paul'sAlley Honey Lane FREDERICK'S PLACE PRINCE'S STREET Proposals with an 84% AVE MARIA LANE READNEEDLE STREET TH Royal Exchange FINCH LANE yes vote by number and CHEAPSIDE PASSAGE John Milton Passage Ave NEW CHANGE PASSAGE Bow Churchyard CHEAPSIDE GROCERS' HALL COURT Posts an 89% yes vote by St Paul's Cathedral NEW CHANGE Royal Exchange POULTRY ST MILDRED'S CT Subway MANSION HOUSE STREET CORNHILL BREAD STREET Subway Bucklersbury rateable value. The Subway ST PAUL'S Bow Churchyard Well Court Passage urt QUEEN STREET Groveland Ct Bow Lane CHURCH YARD WATLING STREET t Ball PANCRAS LANE Cour turnout for the ballot ST PAUL'S CHURCHYARD Cowper's Co SISE LANE St Michael'sAlley Castle Court DEANS COURT Change Alley QUEEN VICTORIA STREET Pope's Head Alley BUCKLERSBURY Bengal Court CANNON STREET was 39%. The BID Ballots CARTER LANE GODLIMAN STREET LOMBARD STREET Post MANSION HOUSE PLACE COURT WALBROOK Carter Lane WATLING BIRCHIN LANE Post Mansion House St Stephen's Row New BellYard Old Change Wardrobe Place Court result demonstrates that ADDLE HILL Bow Lane KING WILLIAM STREET Sermon Lane Bond Court Peter's STREET Budge Row Hill GEORGE YARD ABCHURCH LANE there is a strong appetite KNIGHTRIDER ST Posts CT KNIGHT RIDER QUEEN VICTORIA Cycle Hire Station Subway Posts KNIGHTRIDER STREET Wardrobe Terr Nicholas Passage LOMBARD STREET from the business ROYAL Posts DISTAFF LANE BREAD STREET CANNON STREET TOWER SHERBORNE LANE FRIDAY STREET WALBROOK NICHOLAS LANE Post Old Fish Cleary community to work in Street Hill Court GREAT TRINITY LANE Plough Court Cycle Hire Station GREAT ST THOMAS ST SWITHIN'S LANE OXFORD COURT Underground Railway APOSTLE QUEEN VICTORIA STREET KING WILLIAM STREET CLEMENT'S LANE COURT Abchurch partnership with the City Subway CLOAK LANE Posts SALTERS' HALL Yard ABCHURCH LANE LOMBARD COURT Posts GP Lombard Court CLOAK LANE BENNET'S HILL Huggin Court LITTLE TRINITY LANE Newcastle Court St Clement's Ct STREET GARLICK HILL Cycle Hire Station Corporation in delivering COLLEGE HILL Fye Foot Lane Huggin Hill QUEEN CANNON STREET LAMBETH HILL NICHOLAS LANE Underground Railway BOOTH LANE Miniver Place CASTLE BAYNARD STREET the BID Proposals Tunnel The BID arrangements took effect on free support in developing CSR businesses and sending regular 11 May and will be maintained for five programmes and providing a newsletters to inform members of years, after which another Ballot would dedicated employment service to what is happening locally. have to be held and approved in order place local people in to jobs. e. Business awareness and networking for the BID to continue for a further five b. Environment, signage and way opportunities. years. finding. Projects include hosting corporate The area covered by the BID extends Projects include looking at networking events and retail from St Paul’s cathedral to the Bank of enhancing the street signage symposiums; monitoring activity in England and includes the whole of the and information given to the area to include footfall and sales Ward of Cordwainer. businesses to improve way finding; data; providing a focus for matters developing projects to provide relating to enterprise in the area; The BID entails raising a modest levy on green infrastructure in the area; and providing a focus for discussions businesses through the rating system and seeking to contribute to the with the City Corporation and City to be used for specified projects in integration of new strategies and Police through running bespoke the area. The business rate multiplier is developments such as the Bank events to inform on issues such as set at 0.25% together with a threshold Area Strategy and Bloomberg cyber-crime and economic of excluding properties falling below development. crime. a rateable value of £180,000 and a capped contribution so that no c. Tourism and culture. Over a five-year period of the BID, business pays more than £3,750. The Projects include working with the the levy will generate an income of rates have been set to ensure that City Corporation Cultural and £1.85 million with additional voluntary the contributions are seen as being Visitor Development Team and City contributions (from property owners) affordable. Information Centre to promote the generating an estimated additional area and providing an on-street income of £500,000. ambassadorial programme to welcome and orientate tourists. The BID will be managed by a board Five project areas have been identified: made up from the local business d. Marketing and promotion community, and will be supported by a. Employment enterprise and training. Projects include continuing to an executive team made up of a Chief Projects include the BID will working deliver a successful Privilege Card Executive, an Operations Manager and in partnership with the ‘Heart of scheme; developing a website and an Administrator who will be contracted the City’ programme to provide a social media platform for member by the City. Keep on the register and spread the word If you’re receiving this ward newsletter it means you It also acts as a reminder of who you are already on the Ward Lists – our register of voters can contact if you do have an issue HAVE for City Ward elections. But to keep receiving it we with something within the Square YOUR need you to re-register each year. All residential Mile – from security to planning, road SAY! properties and businesses that are eligible to safety to the night time economy and appoint voters will be sent registration forms in air quality to broadband provision. September and an early response from you means we won’t have to keep chasing you. If you are a voter appointed by a business, we would also ask you to spread the word about the Being on the Ward Lists is not just about having a unique opportunity that City workers have to register, vote in ward and City-wide elections, it also puts because there are some firms that don’t use their you in touch with Members who sit on the City full entitlement or register at all. Each business has a Corporation’s various committees and its main designated person responsible for registration and decision making body. They represent you and the Electoral Services team at the City Corporation your interests in the whole range of work the City is happy to help workers find out who their business’s Corporation carries out. contact is. This newsletter is one way your ward representatives within the City Corporation keep you up to date on More information is available from how they are working on your behalf. www.cityoflondon.gov.uk/voting Going underground At the time of writing Crossrail Farringdon station will include was due to notch up a significant two ticket halls. The eastern milestone with tunnelling hall will be located within scheduled to conclude in its final the City at Lindsey Street phase from Liverpool Street to and the western hall (shared Farringdon. with Thameslink, and which opened in December 2011) is In all 42km of Crossrail train tunnels located at Cowcross Street in will have been created by two the Borough of Islington. 1,000 tonne tunnel machines (named Victoria and Elizabeth). The eastern ticket hall will also provide a second entrance In the coming months, the next to London Underground’s phase of station building and Barbican station. fitout will continue across the central stations. The Crossrail station at Liverpool Street will have west side of Moorfields will provide Crossrail will transform rail entrances at both Liverpool Street the main access point from the transport in London, increasing and Moorgate. The plans for Moorgate end of the station. capacity by 10%, supporting the Liverpool Street end of the regeneration and cutting station include the modification The Crossrail project will bring an journey times across the City. of the main London Underground extra 1.5m people to within 45 ticket hall and the construction minutes of central London and Its route will run over 100km from of a new Broadgate ticket will link London’s key employment, Reading and Heathrow in the hall at basement level with an leisure and business districts – west, through new tunnels under entrance in front of the UBS Heathrow, West End, the City, central London to Shenfield and building in Liverpool Street (west).