Decision details

Establishing a Local Housing Company (less exempt appendices) (CL168)

Decision Maker: Council, Cabinet Committee: Housing

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No

Decisions:

Councillor Westwood (Cabinet Member for Housing) moved that the recommendations in report CL168 be approved and adopted (seconded by Councillor Cutler, Deputy Leader & Cabinet Member for Finance and Performance).

 

Council proceeded to ask questions and debate the matters in the report and its appendices. 

 

The meeting then moved to exempt session to discuss the contents of the exempt appendices before returning to open session to then consider the recommendations for council as set out below.

 

RESOLVED:

 

1.     That the draft financial business plan at exempt Appendix C to Report CL168, as recommended by Cabinet Committee: Housing, be approved.

 

2.     That council agree to reduce the share capital of Venta Living Ltd from £300,000 to £150,000.

 

3.    That the appointment of Fiander Tovell Ltd as external auditors to Venta Living Ltd as recommended by Cabinet Committee: Housing, be approved.

 

Reason Key: Expenditure > £250,000;

Wards Affected: (All Wards);

Contact: Simon Hendey, Strategic Director Email: shendey@winchester.gov.uk.

Report author: Simon Hendey

Publication date: 13/10/2023

Date of decision: 20/09/2023

Decided at meeting: 20/09/2023 - Council

Accompanying Documents:

 

Establishing a Local Housing Company (less exempt appendices) (CL168){sidenav}{content}