PART 1
(OPEN TO THE PUBLIC)
ITEM NO.
REPORT OF THE LEAD MEMBER FOR
TO THE CABINET MEETING
ON 3rd SEPTEMBER, 2002
TITLE :
ARMS LENGTH HOUSING MANAGEMENT
RECOMMENDATIONS :
That cabinet authorises:
1.
The incorporation of the Arms Length Company to be known as New
Prospect Housing Limited.
2.
The Head of Law and Administration (The Solicitor for the Council) to execute
the company formation documents.
EXECUTIVE SUMMARY :
Report attached
BACKGROUND DOCUMENTS :
(Available for public inspection)





Previous reports to Cabinet
ALMO Bid
Draft ALMO Delivery Plan
Draft Management Agreement
Draft Protocol
ASSESSMENT OF RISK:
A previous risk assessment was included in the report to Cabinet on 9th July 2002
THE SOURCE OF FUNDING IS: Housing Revenue Account
LEGAL ADVICE OBTAINED
Yes
FINANCIAL ADVICE OBTAINED
Yes
CONTACT OFFICER :
6 D:\98943334.doc
Harry Seaton 925-1201
WARD(S) TO WHICH REPORT RELATE(S)
KEY COUNCIL POLICIES
All
Pledge 2 – Quality Homes for All
REPORT OF LEAD MEMBER FOR HOUSING TO CABINET
SUBJECT:
1.
ARMS LENGTH HOUSING MANAGEMENT
Purpose of Report
To seek Cabinet approval to the incorporation of the Arms Length Company.
2.
Recommendations
That cabinet authorises:
1.
The incorporation of the Arms Length Company to be known as New
Prospect Housing Limited.
2.
The Head of Law and Administration (The Solicitor for the Council) to execute
the company formation documents.
Detail
Cabinet, have agreed:

The establishment of the Arms Length Housing Management Company (New
Prospect Housing Limited).

Organisational separation of functions between the Arms Length Company, and
the Residual Housing Organisation.

Interim arrangements.
Work is progressing on a detailed delivery plan, the management agreement, a
protocol between the City Council and the Arms Length Company. A draft copy of
these documents has been submitted to the office of the Deputy Prime Minister. It is
necessary for Cabinet to authorise the incorporation of the Arms Length Company
and for the Head of Law and Administration to execute the company formation
documents. This will enable organisational arrangements to progress alongside
consideration of the documentation submitted to the ODPM.
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