Issue - meetings

RESOLVED that Cabinet:

A       Noted the draft Business Plan for HTS (Housing and Regeneration) Ltd attached as Appendix A to the report.

B      Approved the revised terms of reference for the Shareholder Sub Committee attached as Appendix B to the report.

C      Agreed the proposed pipeline of house building sites for commencement utilising RTB receipts and other funding attached as Appendix C to the report.

D      Delegated authority to the Managing Director, in consultation with the Leader of the Council, to complete all necessary financial formalities to progress the above.

Cabinet received a report on the creation of HTS (Housing and Regeneration) Ltd which set out the Articles of Association, the Company’s draft business plan, as well as proposed five year pipeline for house building sites.

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

RESOLVED that Cabinet:

A       Noted the draft Business Plan for HTS (Housing and Regeneration) Ltd attached as Appendix A to the report.

B      Approved the revised terms of reference for the Shareholder Sub Committee attached as Appendix B to the report.

C      Agreed the proposed pipeline of house building sites for commencement utilising RTB receipts and other funding attached as Appendix C to the report.

D      Delegated authority to the Managing Director, in consultation with the Leader of the Council, to complete all necessary financial formalities to progress the above.