Decision details

Exempt report of the Corporate Director (Public Protection, Planning and Governance) on the merits and practicalities of the possible expansion of the company by the incorporation of Dacorum Borough Council.

RESOLVED:

(1)     That the Cabinet agrees that Dacorum Borough Council should be issued a £1 share and incorporated into Broste Rivers Ltd joint building control company, on the basis of the terms and payments set out in the exempt report and appendix.

(2)     That the Services Agreement, Shareholder Agreement and Loan Agreement be updated and signed by the Council’s Head of Law and Administration to enable Dacorum to join the company.

(Note: The Chairman of the Environment Overview and Scrutiny Committee had been given notice that it was impracticable to comply with the requirement that at least twenty eight days notice must be given of the intention to consider item 15 (Minute 48) in the private section of the meeting in accordance with Regulation 5 of the Local Authorities (Executive Arrangements) (Meetings and Access to Information) (England) Regulations 2012 because it was urgent and could not reasonably be deferred for the reason specified).

(1)   The reason for item was to enable the possible expansion of the company to be considered without delay.