Decision details

Housing Subsidiary Companies Business Update

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To provide cabinet with an update on the performance of the Housing subsidiary companies against the five year business plan

Decision:

RESOLVED that Cabinet: -

(a)           Supports the plans for the two Seascape Group subsidiaries and BBML; and

(b)           Approves the Terms of Reference for BBML and SGL and notes the TORs for the two subsidiaries.

Voting: Unanimous

Portfolio Holder: Development, Growth and Regeneration

Reason

The Seascape Group subsidiaries – SSL and SHP and BBML - provide valuable services and will collectively generate additional financial benefits for BCP Council as the sole shareholder to help continue delivering Council services to vulnerable people.

Report author: Rebecca Lawry

Publication date: 27/07/2022

Date of decision: 27/07/2022

Decided at meeting: 27/07/2022 - Cabinet

Effective from: 04/08/2022

Accompanying Documents: