Issue details

Welland Homes Business Plan Update incorporating Bentley Court

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.

Agenda items

Documents

  • Welland Homes Business Plan Update incorporating Bentley Court