To present to the Council, as sole shareholder
for Welland Homes Ltd, an updated Welland Homes Business Plan and a
proposal from the company to purchase five houses for the purposes
of market rental investment at Bentley Court, Spalding. To put in
place the necessary arrangements to enable the company to move
towards contract on the proposed acquisition, subject to the
necessary shareholder approvals.
Decision type: Key
Reason Key: Incurring expenditure above £72,000 threshold in respect of revenue/£178,000 in respect of capital;
Decision status: For Determination
Wards affected: (All Wards);
Notice of proposed decision first published: 17/06/2019
Anticipated restriction: Part exempt - View reasons
Explanation of anticipated restriction:
Appendices will include sensitive financial Commercial information that is not appropriate to be in the public domain at this point.
Decision due: 31 Jul 2019 by South Holland District Council
Lead member: Portfolio Holder for Growth and Commercialisation
Lead director: Executive Director - Commercialisation (S151)
Contact: Katie Nicol, Housing Development Programme Manager Email: Knicol@sholland.gov.uk.
Comms/Media Interest: Possibly. New acquisition for Welland Homes.