Decision details

Creation of a Housing Association

Decision Maker: Commercial Ventures Executive Sub-Committee

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Summary of pros and cons for the operation of a housing association and preferred delivery model

Decision:

RESOLVED that

(i)         the Head of Legal and Governance be authorised to complete and file the necessary paperwork to establish a CBS for the purpose of becoming a housing association; and

(ii)        the Head of Legal and Governance be authorised to take the necessary steps to establish the CBS as an arm’s length company through an appropriate company structure in consultation with the Members of the Commercial Ventures Executive Sub-Committee.

Wards Affected: (All Wards);

Contact: Caroline Waterworth, Commercial and Investment Director Email: Caroline.Waterworth@reigate-banstead.gov.uk Tel: 01737 276025.

Report author: Caroline Waterworth

Publication date: 07/11/2019

Date of decision: 07/11/2019

Decided at meeting: 07/11/2019 - Commercial Ventures Executive Sub-Committee

Effective from: 20/11/2019

Accompanying Documents: