Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Following presentation of the Item and debate, the Part 2 Item was considered. The meeting then returned to Part 1 in order to make the decision.
RESOLVED: That a variation to the mortgagee in possession provisions in the stock transfer agreement as proposed by settle (North Hertfordshire Homes) be agreed.
REASON FOR DECISION: To amend the stock transfer agreement to allow settle to raise funding to increase the housing that it can build, with the expectation that a proportion of this would be in North Hertfordshire.
Report author: Steve Crowley
Publication date: 30/03/2019
Date of decision: 26/03/2019
Decided at meeting: 26/03/2019 - Cabinet
Accompanying Documents: