Decision details

TRADING COMPANY UPDATE

Decision Maker: Cabinet Sub-Committee (Local Authority Trading Companies' Shareholder)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

The Part 1 discussion was suspended whilst the Part 2 report was considered (Minute 9 refers)

 

Following consideration of the Part 2 report the Sub-Committee returned to Part 1 to make the decision.

 

RESOLVED:

 

(1)       That the content of the report entitled Trading Company Update be noted:

 

(2)       That the Service Director – Commercial be requested to start investigations into the option of taking on and operating social housing offered through Planning obligations;

 

(3)       That the Service Director Commercial be requested to keep Member of the Sub-Committee appraised of progress regarding further work in this area.

 

(4)       That the Service Director – Commercial be requested to convene another meeting of this Sub-Committee to discuss progress regarding further work in this area.

 

REASON FOR DECISIONS: To keep Members informed on the progress in setting up a trading company.

Report author: Steve Crowley

Publication date: 16/09/2019

Date of decision: 11/09/2019

Decided at meeting: 11/09/2019 - Cabinet Sub-Committee (Local Authority Trading Companies' Shareholder)

Accompanying Documents: