Issue - meetings

HTS Group 2018-2020

Meeting: 14/06/2018 - Cabinet (Item 13)

13 HTS Group 2018-2020 pdf icon PDF 233 KB

Decision:

RESOLVED that:

 

A     The Council undertake a further programme of building Council houses.

 

B    HTS (Property & Environment) Ltd be appointed subject to acceptable business cases being submitted to undertake the associated construction works for those schemes detailed within the report, and that the current HTS (Property & Environment) Ltd’s Business Plan be amended accordingly.

 

C    A wholly owned subsidiary of HTS Group to undertake housing and regeneration projects be established.

 

D    Authority is delegated to the Managing Director, in consultation with the Leader of the Council to complete all necessary legal and financial formalities to progress the above.

 

E     Authority is delegated to the Section 151 Officer, in consultation with the Leader of the Council to select and purchase a financial modelling scheme to assist with the Council’s housing development processes.

Minutes:

The Cabinet considered a report which sought approval for a further programme of council house building, as well as the establishment of a subsidiary company to HTS Group which would undertake housing and regeneration projects.

 

Proposed by Councillor Mark Ingall (seconded by Councillor Mark Wilkinson) it was:

 

RESOLVED that:

 

A     The Council undertake a further programme of building Council houses.

 

B    HTS (Property & Environment) Ltd be appointed subject to acceptable business cases being submitted to undertake the associated construction works for those schemes detailed within the report, and that the current HTS (Property & Environment) Ltd’s Business Plan be amended accordingly.

 

C    A wholly owned subsidiary of HTS Group to undertake housing and regeneration projects be established.

 

D    Authority is delegated to the Managing Director, in consultation with the Leader of the Council to complete all necessary legal and financial formalities to progress the above.

 

E     Authority is delegated to the Section 151 Officer, in consultation with the Leader of the Council to select and purchase a financial modelling scheme to assist with the Council’s housing development processes.