Agenda and minutes
Venue: Shrewsbury/Oswestry Room, Shirehall, Abbey Foregate, Shrewsbury, Shropshire, SY2 6ND. View directions
Contact: Shelley Davies Committee Officer
No. | Item |
---|---|
Apologies for Absence and Substitutions Minutes: Apologies for absence were received from Councillors Cecilia Motley and Heather Kidd. Councillor Roger Evans attended as substitute for Councillor Kidd. |
|
Disclosable Pecuniary Interests Members are reminded that they must not participate in the discussion or voting on any matter in which they have a Disclosable Pecuniary Interest and should leave the room prior to the commencement of the debate. Minutes: There were no declarations of pecuniary interest. |
|
Minutes of the Meeting Held 31st October 2019 PDF 70 KB To confirm the minutes of the Housing Supervisory Board held on 31st October 2019. Minutes: The minutes of the meeting held on 31st October 2019 were agreed as correct record. |
|
Public Question Time To receive any public questions or petitions from the public, notice of which has been given in accordance with Procedure Rule 14. The deadline for this meeting is 2pm on Tuesday 19th November 2019. Minutes: There were no public questions. |
|
Member Question Time To receive any questions of which Member of the Council have given notice. Deadline for notification for this meeting is 2.00pm on Monday 18th November 2019. Minutes: There were no questions from Members.
The Chairman agreed that Item 7 to be moved to Part 2 following exclusion of the Press and Public. |
|
Cornovii Developments Ltd - Share Capital Report PDF 110 KB To consider the Cornovii Developments Ltd, Share Capital Report [Report to follow]
Contact: Mark Barrow, tel. 01743 258919 Minutes: The Director of Place introduced the Cornovii Developments – Share Capital report, which recommended and sought approval for Cornovii Developments Limited to increase its share capital from the existing share capital of one £1 ordinary share in order to issue 1,625,000 of ordinary shares to Shropshire Council.
RESOLVED:
That the resolutions of the Board of Directors of Cornovii Developments Limited (attached in Appendix A) be noted and that the Housing Supervisory Board:
A. Approved in principle, and authorised the execution (when circulated) of a Written Resolution pursuant to Chapter 2 Part 13 of the Companies Act 2006 containing a proposal by the Director of Cornovii Developments Limited, to increase Cornovii Developments Limited’s issued share capital to 1,625,001.
B. Approved in principle, and authorised the execution (when circulated) of a Written Resolution pursuant to Chapter 2 Part 13 of the Companies Act 2006 containing a proposal by the Director of Cornovii Developments Limited, to issue 1,625,000 of ordinary shares to Shropshire Council in return for equity investment in the company of £1,625,00.
|
|
Cornovii Developments Ltd - Developments Update Report PDF 129 KB To consider the Cornovii Developments Ltd, Developments Update Report [Report to follow]
Contact Mark Barrow, tel 01743 258919 Minutes: The Interim Head of Housing Development presented the Cornovii Developments Limited – Developments Update Report which provided an update from Cornovii Developments Limited on the progress of the two development sites and introduced the recently appointed Interim Director of Development.
The Interim Head of Housing Development reported that the formal appointment of legal services was being finalised and once in place contract negotiations with Willmott Dixon would commence and added that she would expect Willmot Dixon to be in contract by the end of November 2019.
It was reported that the surveys at both sites had been completed and explained that the presence of ‘Lesser Horseshoe Bats’ at the Overton Road site meant that work on the site would now not start until mid-March.
RESOLVED: That the Cornovii Developments Limited – Developments Update Report be noted. |
|
Exclusion of the Press and Public Minutes: RESOLVED: That in accordance with the provisions of Schedule 12A of the Local Government Act 1972, and Paragraph 10.4[3] of the Council’s Access to Information Procedure Rules, the press and public be excluded during consideration of the following item. |
|
Cornovii Developments Ltd - Business Plan 2020 - 23 To receive the Cornovii Developments Ltd Business Plan 2020 – 23 [Report to follow].
Contact Mark Barrow, tel 01743 258919 Minutes: The Director of Place introduced the Cornovii Developments Ltd – Business Plan 2020 -2023.
RESOLVED: That approval of the Local Housing Company ‘Cornovii Developments Limited’ Business Plan for 2020 – 2023 at Appendix A be delegated to the Director of Place in consultation with the Chairman. |
|
Date and Time of Next Meeting To note that the next meeting of the Board is scheduled for Thursday 23rd January 2020. Minutes: Members noted that the next meeting of the Housing Supervisory Board would be held on Thursday 23rd January 2020. |