Decision details
Establishment of a Limited Liability Partnership for the Regeneration of the Bath Quays Residential Development Plots (WL)
Decision Maker: Council Leader
Decision status: Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
Approval to form an Aequus B&NES Limited
Liability Partnership for delivery of housing regeneration
projects.
Decision:
To agree to the incorporation of the Aequus Regeneration Bath Quays Limited Liability Partnership (LLP) with a 1% share for Aequus Construction Ltd.
Reasons for the decision:
The Council has been promoting and delivering Bath Quays to create a new business district for the city through a comprehensive approach to development since 2015.
The next phase of regeneration will comprise the three residential Plots, Plot 2 (Bath Quays South) and Plots 6 & 7 (Bath Quays North). A delivery vehicle structured as a Limited Liability Partnership between the Council and ACL provides an efficient regeneration vehicle to deliver these plots.
The principle of Aequus Group establishing an LLP to deliver future housing projects was approved at the Investment Forum Board and the Aequus Board approved, in June 2025.
Alternative options considered:
None.
Publication date: 02/12/2025
Date of decision: 02/12/2025
Accompanying Documents:
- E3648 Decision - Aequus Regeneration of Bath Quays Limited Liability Partnership
PDF 112 KB - E3648 - Establishment of a Limited Liability Partnersip for the Regeneration of the Bath Quays Residential Development Plots
PDF 98 KB
- E3648 - Appendix 1 - LLP Members Agreement
PDF 515 KB
- E3648 - Exemption Certificate LGA-2627136
PDF 142 KB
- Restricted enclosure View reasons restricted