Issue - meetings

Rykneld Homes Limited (RHL) Business Plan

Meeting: 10/06/2021 - Cabinet (Item 15)

15 Rykneld Homes Limited (RHL) Business Plan pdf icon PDF 364 KB

Report of Councillor A Powell, Portfolio Holder for Housing, Communities and Communications

                                                                                                                  Key Decision

 

 

Additional documents:

Decision:

RESOLVED -

 

(1)       Cabinet noted the Rykneld Homes Limited (RHL) Business Plan 2021 – 2024.

 

(2)       Cabinet supported a 6-monthly review of the RHL Business Plan 2021 – 2024.

 

(3)          Cabinet agreed that the review and update of the RHL Business Plan 2021 – 2024 be undertaken when the updated Management Agreement between the Council and RHL is in place.

 

REASONS FOR DECISION - The Council and Rykneld Homes Limited are working in partnership to agree the future management agreement between them. It would be appropriate to review and update the RHL Business Plan 2021 – 2024 in light of the new management arrangement to ensure a fit for purpose Business Plan.

 

OTHER OPTIONS CONSIDERED AND REJECTED - The option for RHL not to develop a Business Plan was considered but rejected. It would not be appropriate to seek to manage the housing service without an up to date business plan.

 

This is a Key Decision.  The call-in period for the decision will run until Friday 18 June 2021.

 

 

 

Minutes:

The report to Cabinet informed Members that Rykneld Homes Limited (RHL) had produced a Business Plan for 2021-2024 period.  In this context, Cabinet heard how the Coronavirus (Covid-19) outbreak had caused significant uncertainty for RHL in terms of business planning and in ensuring that the right priorities had been identified.  The report recommended, therefore, that the Business Plan ought to be reviewed. It recommended that this review should be carried out once the new Management Agreement between the Council and the company was in place.

 

Members discussed the RHL Business Plan. At the conclusion of the discussion there was a consensus that a review of the Business Plan would be valuable and should be supported along the lines set out in the report.

 

RESOLVED -

 

(1)       Cabinet noted the Rykneld Homes Limited (RHL) Business Plan 2021 – 2024.

 

(2)       Cabinet supported a 6-monthly review of the RHL Business Plan 2021 – 2024.

 

(3)          Cabinet agreed that the review and update of the RHL Business Plan 2021 – 2024 be undertaken when the updated Management Agreement between the Council and RHL is in place.

 

REASONS FOR DECISION - The Council and Rykneld Homes Limited are working in partnership to agree the future management agreement between them. It would be appropriate to review and update the RHL Business Plan 2021 – 2024 in light of the new management arrangement to ensure a fit for purpose Business Plan.

 

OTHER OPTIONS CONSIDERED AND REJECTED - The option for RHL not to develop a Business Plan was considered but rejected. It would not be appropriate to seek to manage the housing service without an up to date business plan.