Decision details

Decision:

That the Executive Shareholder and Trustee Committee -

(1)  supports the proposed appointment of the persons listed in paragraph 2.4 of this report as Directors for the Holding Company and the Housing Company, for a period of four years;

(2)  notes the resignation of a Director to the board of the Holding Company;

(3)  notes the Delegation Matrix, as set out in Appendix 1 to this report; and

(4)  notes the approved Business Plan for the Housing Company, as set out in Appendices 2 and 3 of this report.

Reason for Decision:

To promote good governance by demonstrating a separation between the Council’s role as the Municipal Authority and the Council’s role as sole shareholder in the Companies.

Alternative options considered and rejected by the Executive Shareholder and Trustee Committee:

None

Details of any conflict of interest declared by the Leader or lead councillors and any dispensation granted:

None