Decision details

Seascape Group Limited 5 Year Strategic Plan (2020-25)

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The purpose of this report is to seek approval for Seascape Group Limited 5-year Strategic plan.


Decision:

RESOLVED that:-

(a)     Cabinet approves the Seascape Group Limited’s Strategic Plan 2020-25 attached in Appendix A and;

(b)     Cabinet authorises officers to change the current obligation in the Shareholder Agreement between BCP Council and Seascape Group Limited from the requirement to produce an annual plan to a longer term 5 year strategic plan, in order to facilitate planning in the medium term.

Voting: Unanimous

Portfolio Holder: Housing

Reason

Seascape Group Limited enables the Council to trade and generate income in order to support its core services to residents through surpluses. It is a requirement of the shareholders agreement between the Council and Seascape Group Limited that Council/Cabinet approves the Strategic Plan.

Report author: Sarah Longthorpe, Lorraine Mealings

Publication date: 29/05/2020

Date of decision: 27/05/2020

Decided at meeting: 27/05/2020 - Cabinet

Effective from: 06/06/2020

Accompanying Documents: