Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Approval will be sought in principle for the
council to establish a wholly owned company for communications
services.The formation of the company should allow the council to
explore trading in a way that optimises the potential of its
resources as well as potentially contributing to the medium term
financial planning and wider efficiency agenda.
Cabinet agrees in principle to the establishment of a company which would be limited by shares and owned wholly by the council.
Cabinet notes that a further report will be brought forward at the earliest opportunity outlining governance and board membership arrangements as well as a business case for the company before any trading activity commences.
Report author: Phil Jones
Publication date: 16/01/2014
Date of decision: 15/01/2014
Decided at meeting: 15/01/2014 - Cabinet
Accompanying Documents: