Issue - meetings

To consider a report of the Director of Finance, Assets and Resources and the Head of Housing and Property Services requesting approval of the draft 5 year business plan for 3 Rivers Developments Limited.

The Cabinet had before it a * report of the Director of Finance, Assets and Resources requesting approval of the draft 5 year business plan for 3 Rivers Development Limited.

The Cabinet Member for Housing outlined the contents of the report

RESOLVED that:

a)    Subject to an amendment to paragraph 10 of the Business Plan inserting “Acting” before “Managing Director…..”.  and the removal of “who will be seconded into the Company” and the insertion after “Property” of an additional sentence stating that “The Head of Housing and Property Services will be seconded into the role of Acting Managing Director until such time as a substantive appointment is made.” The Business Plan to enable the company to operate within the parameters set out and with the capital funding be approved.

b)    The appointment of the three directors of the Company as set out be approved.

(Proposed by Cllr P H D Hare-Scott and seconded by Cllr C R Slade).

Note: * Report previously circulated.