Issue - meetings
TRADING COMPANY LIMITED - PART 2
Meeting: 19/03/2024 - Cabinet Sub-Committee (Local Authority Trading Companies' Shareholder) (Item 49)
TRADING COMPANY UPDATE - PART 2
REPORT OF THE SERVICE DIRECTOR – ENTERPISE
The purpose of this report is to provide the Cabinet Sub Committee (Local Authority Trading Companies’ Shareholder) an update on the progress that has been made and to seek approval to commence trading of Broadwater Hundred Property Management Limited so Harkness Court can be let.
Additional documents:
- Restricted enclosure 2 , View reasons restricted (49/2)
Decision:
RESOLVED: That the Cabinet Sub-Committee (Local Authority Trading Companies Shareholder) noted the content of the part 2 report before consideration of the part 1 recommendations.
REASON FOR DECISION: To enable the Council companies to trade and provide more commercial opportunities which will benefit the Council.
Minutes:
N.B. This item was considered in restricted session and therefore no recordings were available.
The Service Director – Enterprise presented the report entitled ‘Trading Company Update – Part 2’.
Councillor Alistair Willoughby proposed and Councillor Keith Hoskins seconded and, following a vote, it was:
RESOLVED: That the Cabinet Sub-Committee (Local Authority Trading Companies Shareholder) noted the content of the part 2 report before consideration of the part 1 recommendations.
REASON FOR DECISION: To enable the Council companies to trade and provide more commercial opportunities which will benefit the Council.