Decision Maker: Joint Chief Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
To approve the investment of a further
£900,000 in equity shares in Guildford Borough Council
Holdings, bringing the Council’s total shares to a maximum of
£10.12million. Funding is already available for the
additional investment as part of the Approved Capital
Programme.
GBC needs to take an urgent decision to avoid
harm to residents who are due to complete house sales on Friday 30
September 2022 and to enable North Downs Housing to purchase two
properties.
Do nothing – this would result in harm
to GBC residents
Publication date: 30/09/2022
Date of decision: 30/09/2022