Decision details
Graven Hill Village Development Company (GHVDC) - Quarter Two Business Report 2024/25
Decision Maker: Shareholder Committee
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: Yes
Decisions:
The Committee considered a report from the Shareholder Representative, which outlined the Graven Hill Village Development Company's (GHVDC) Quarter Two (2024/25) Business Report Update.
Resolved
(1) That the GHVDC Quarter Two Business Report be noted and commented on.
(2) That the GHVDC Quarter Two Business Report be approved.
(3) That the Minutes, actions and agreed outputs from the 10th October Strategy Session. Appendix C be approved.
(4) That the GHVDC Board skills audit. Appendix E be noted and commented on.
(5) That GHVDC can pursue all necessary contractual remedies to recover costs from Iconic Development Group including recourse to litigation if required. Shareholder Committee consent is sought in accordance with Clause 7.1.23 of the 6th December 2021 Shareholder Agreement Matters requiring Consent of the Council be noted and commented on.
Reason Key: Significant Expenditure or Savings and effect on communities in two or more wards;
Reason No Public Access: Paragraph 3 of schedule 12A in Local Government
Declarations: None
Subject to Urgent Proceedings: No
Contact: Stephen Hinds, Corporate Director Resources and Transformation Email: stephen.hinds@cherwell-dc.gov.uk Tel: 01295 221620.
Report author: Stephen Hinds
Publication date: 11/12/2024
Date of decision: 11/12/2024
Decided at meeting: 11/12/2024 - Shareholder Committee
Effective from: 19/12/2024