Issue - decisions

Recommendations from the Cabinet Committee on Asset Disposals

10/03/2023 - Recommendations from the Cabinet Committee on Asset Disposals

1.  That the Business Plan for GRE5, as at Appendix 1 to the report be approved.

 

2.  Approved an increase in the loan facility by £5m to allow the work programme to continue in advance of any recovery via the legal proceedings, future grant from Homes England or leaseholder recovery. 

 

3.  Agreed to regular, at least quarterly, reports being presented to the Cabinet Committee updating on progress and risks and for a future report recommending approval of an updated shareholder agreement.