The purpose of the
Cabinet Commercial Sub-Committee is to maximise existing and future
commercial and business development opportunities within Slough
Borough Council.
The
Sub-Committee’s remit is to:
·
Implement a Commercial Strategy and develop an Action Plan that
brings together all existing commercial activities including (but
not limited to) Slough Urban Renewal (SUR), the Strategic
Acquisition Board (SAB), the Council's Housing Companies (including
DISH), the proposed Environmental Services Trading Company and
other new commercial activities that arise.
·
Oversee the ‘commercial’ strand of the Council’s
ongoing Transformation Programme to ensure it complies with the
Committee’s Guiding Principles’.
·
Consider business plans and business cases linked to new commercial
activities and make recommendations to Cabinet or full Council, as
appropriate.
·
Monitor and review agreed performance targets from each commercial
function and recommend action as required.
·
Review proposed land acquisition and/or property investment
proposals, taking into account the extent to which the proposition
fulfils the Council's policy objectives against a set of agreed
criteria.
·
Make strategic land acquisition decisions on behalf of the Council
in line with processes agreed via the Strategic Acquisition Board
(SAB).
·
Report acquisitions to Cabinet.
·
Oversee the development, and monitor progress, against the
Council’s 15-year financial plan.