Decision details

Appointment of Regeneration Investment Partner

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

RESOLVED that:

 

A    Cabinet agreed for The Council to enter an Investment Partnership as a Limited Liability Partnership (LLP). The LLP would be 50:50 controlled by the Council and Selected Partner.

 

B    Authority be delegated to the Chief Executive, in consultation with the Portfolio Holder for Strategic Growth and Regeneration, to agree and enter into a legal agreement for the LLP on behalf of The Council with the selected Partner.

 

C    Authority be delegated to Harlow Council members of the Investment Partnership Board in line with the Harlow Regeneration Partnership Roles, Responsibilities and Approvals Document as set out in Appendix A to the report.

Report author: Andrew Bramidge

Publication date: 24/03/2023

Date of decision: 23/03/2023

Decided at meeting: 23/03/2023 - Cabinet

Effective from: 31/03/2023

Accompanying Documents: