Decision details


Shareholders Agreement - Crown House and Crown Apartments

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To consider the Crown House Shareholders Agreement and Crown House Manager appointment

Decision:

Resolved

 

(1)          That the entering into of a shareholder agreement between Cherwell District Council (CDC) and Crown House Banbury Limited and Crown Apartments Banbury Limited be approved.

 

(2)          That the Shareholder Representative, in consultation with the Leader of the Council, be authorised to settle the final terms and sign the shareholder agreement on behalf of Cherwell District Council.

 

Corporate Priorities : Housing that meets your needs;

Reason No Public Access: No

Declarations: None

Subject to Urgent Proceedings: No

Contact: Steve Jorden, Corporate Director Commercial Development, Assets & Investment Email: steve.jorden@cherwell-dc.gov.uk Tel: 07770 867896.

Report author: Steve Jorden

Publication date: 08/02/2022

Date of decision: 07/02/2022

Decided at meeting: 07/02/2022 - Executive

Effective from: 12/02/2022

Accompanying Documents: