Decision details

Creating a Local Authority Owned Trading Company

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To seek Cabinet approval to formally establish a wholly owned trading company for communications services.
The proposed company will be limited by shares and owned wholly by the council.
To seek Cabinet approval for governance and board membership proposals outlined in the business case lilnked to the report.

Decision:

a)         That Cabinet approves establishing a local authority trading company which will be limited by shares and owned wholly by the council.

 

b)         That Cabinet approves the governance and board membership proposals outlined in the business case.

 

 

 

Report author: Phil Jones

Publication date: 23/07/2014

Date of decision: 23/07/2014

Decided at meeting: 23/07/2014 - Cabinet

Accompanying Documents: