Issue - meetings
THE FORMATION OF A WHOLLY OWNED HOUSING DEVELOPMENT COMPANY - BUSINESS PLAN APPROVAL AND FINANCIAL PROJECTIONS
Meeting: 22/05/2019 - Council (Item 15)
FUNDING FOR A WHOLLY OWNED HOUSING DEVELOPMENT COMPANY
To consider recommendations surrounding General Fund finances required to organise and set up the wholly owned housing development company (WOC).
Additional documents:
- Restricted enclosure 2 , View reasons restricted (15/2)
- Restricted enclosure 3 , View reasons restricted (15/3)
- Restricted enclosure 4 , View reasons restricted (15/4)
- Restricted enclosure 5 , View reasons restricted (15/5)
- Restricted enclosure 6 , View reasons restricted (15/6)
- Restricted enclosure 7 , View reasons restricted (15/7)
Decision:
The Council considered a Part II report in respect of the recommendations made by the Executive surrounding General Fund finances and loans required to set up the wholly owned housing development company to enable it to purchase properties, as set out in its Business Plan.
It was moved, seconded and RESOLVED that the recommendations set out in the report are approved.
Minutes:
The Council considered a Part II report in respect of the recommendations made by the Executive surrounding General Fund finances and loans required to set up the wholly owned housing development company to enable it to purchase properties, as set out in its Business Plan.
It was moved, seconded and RESOLVED that the recommendations set out in the report are approved.