Decision details
Seahorse Homes Limited and Mulberry Housing Society Limited
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
This report discussed the future of Seahorse
Homes Limited, the Council’s wholly owned housing company. It
also sets out the future of Mulberry Housing Society Limited, a
community benefit society in which the Council held a minority
share.
Decision:
DECISION
1. To approve the dissolution of Seahorse Homes Limited.
2. To note the dissolution of Mulberry Housing Society Limited.
3. To approve the write off of the unrecovered sum of £26.4K for Seahorse Homes Limited.
4. To approve the write off of the unrecovered sum of £7.4K for Mulberry Housing Society Limited.
Action by:
CHIEF EXECUTIVE (W. TUCKLEY)
(Housing Companies and Shared Services Manager (N. Klinger)
Report author: Pam Cummins
Publication date: 02/12/2022
Date of decision: 30/11/2022
Decided at meeting: 30/11/2022 - Cabinet
Effective from: 10/12/2022
Accompanying Documents: