Decision details

First Wave Housing Business Plan 2019/20

Decision maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To present First Wave Housing Ltd Business Plan for 2019/20 to Cabinet for Shareholder approval.

Decision:

RESOLVED that:

 

i)     Cabinet approved the Business Plan as set out in appendix 1 to of the report from the Chief Executive.

 

ii)    Cabinet agreed to the proposal for FWH to have the flexibility to consider the product and rent level for each portfolio property on its re-let.

 

iii)   Cabinet agreed to the proposal for the Council’s asset management team to create a maintenance plan detailing the investment required to repair its stock.

 

iv)   Cabinet delegated authority to the Chief Finance Officer to agree terms for the disposal of the four properties as outlined in paragraph 3.9 of the report from the Chief Executive.

Reason Key: Affects more than 2 wards;

Wards Affected: (All Wards);

Contact: Sadie East, Head of Transformation Email: sadie.east@brent.gov.uk Tel: 020 8937 1507.

Report author: Sadie East

Publication date: 12/02/2019

Date of decision: 11/02/2019

Decided at meeting: 11/02/2019 - Cabinet

Effective from: 19/02/2019

Accompanying Documents: