Issue - decisions

RBBC Limited dissolution

02/03/2020 - RBBC Limited dissolution

RESOLVED:

i)          the Chief Finance Officer was authorised to not recover the £29,434.98 expenses that have been incurred on behalf of RBBC Limited and treat them as a charge to the Council’s revenue budget in 2019/20 and the Chief Finance Officer was authorised to confirm in writing to the Director of RBBC Limited that the Council will not seek to recover any liabilities;

ii)      the Director of RBBC Limited was authorised to arrange for RBBC Limited to be dissolved; and

iii)        in its capacity as the Council’s shareholder representative for RBBC Limited, noted the dissolution of RBBC Limited.