Under the terms
of a S106 agreement, the South Bank Employers Group (SBEG) provides
specified operational and community initiatives in the South Bank
area. These are financed by payments that the Council receives
annually from the operator of the Coca-Cola London Eye. The Council
makes payment to SBEG in arrears on the basis of goods provided and
services rendered according to an agreed programme of work.
To approve the total budget of £764,472 for 2018/19.
Decision type: Key
Reason Key: 2. Financial;
Decision status: Recommendations Approved
Wards affected: Bishop's;
Notice of proposed decision first published: 15/12/2017
Decision due: 5 Nov 2018 by Cabinet Member for Equalities and Culture
Lead director: Strategic Director: Neighbourhoods and Growth
Department: Neighbourhoods & Growth
Contact: Andrew Burton, Assistant Director of Highways, Capital Programmes and Sustainability Email: ABurton@lambeth.gov.uk Tel: 0207 926 6221.