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.