Issue - meetings

The Council's Housing Companies

Meeting: 25/11/2021 - Cabinet (Item 9.)

9. The Council's Housing Companies pdf icon PDF 316 KB

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

Additional documents:

Decision:

RESOLVED

 

That the Council’s companies:

 

(a)  Homes for North East Derbyshire Limited,

(b)  NE Housing Trading Company Limited, and

(c)   NE Derbyshire Housing Development Company Limited,

 

be now wound up.

 

REASONS FOR DECISION

 

The Companies are not required to ensure the Council’s regeneration and economic development aims are achieved.

 

OTHER OPTIONS CONSIDERED AND REJECTED

 

The option of retaining the companies was considered but rejected, as the companies are not required.

 

Please note that this was not a Key Decision and so can be implemented with immediate effect by officers.