Issue - meetings

To agree the establishment of Joint Venture Partnership(s) with other public bodies for the purpose of delivering local housing developments subject to specific business cases for each Joint Venture.

The Council considered a report seeking agreement for the establishment of Joint Venture Partnership(s) with other public bodies for the purpose of delivering local housing developments, subject to specific business cases being developed for each joint venture.

On a motion from Councillor Tim Warren, seconded by Councillor Karen Warrington, it was

RESOLVED

1.  To agree the principle of the establishment of Joint Venture Partnership(s) with other public bodies for the delivery of local housing developments both inside and outside the Council area;

2.  To agree that decisions to enter into Joint Venture Partnerships shall be taken by the Cabinet, subject to business case and establishment of appropriate governance arrangements in line with those agreed for Council companies.  Implementation of the approved Joint Ventures and administrative functions to be delegated to the appropriate officer(s); and

3.  To agree the allocation of up to £10k from the Transformation Revenue Reserve to meet Council legal costs for the setup of the Joint Venture.

[Notes;

1.  The above successful resolution was carried with 50 Councillors voting in favour, 3 Councillors voting against and 4 Councillors abstaining.]