Decision details

TRAFFORD HOUSING TRUST AND TRAFFORD COUNCIL DEVELOPMENT: JOINT VENTURE (JV) - TAMWORTH PHASE II DEVELOPMENT

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

1. That the establishment be approved of a Joint Venture between Trafford Housing Trust and Trafford Council on the terms set out in this report.

 

2. That the Leader, Chief Executive and Corporate Director for Place be nominated as Directors of the Joint Venture.

 

3. That authority be delegated to the Corporate Director for Place, in consultation with the Corporate Director for Governance and Community Strategy to agree minor changes to the terms and finalise the Joint Venture Agreement.

 

4. That authority be delegated to the Corporate Director for Governance and Community Strategy to enter into and complete all legal documents necessary to establish the joint venture.

 

5. That it be noted that the Joint Venture will proceed with theselection and appointment of a multidisciplinary design team to the JV for the delivery of Tamworth Phase II.

 

6. That it be noted that a further report will be presented to the Investment Management Board with the final business case to seek approval for Council investment in the scheme.

Publication date: 14/01/2020

Date of decision: 06/01/2020

Decided at meeting: 06/01/2020 - Executive

Effective from: 22/01/2020

Accompanying Documents: