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.