DECISION

1.    Agree to the Tower Hamlets Homes Limited Articles of Association to be changed to the articles set out in Appendix One to the report.

2.    Appoint a board of three directors, compromised of council officers and members, as set out in s3.9.16 of the report.

3.    Nominate the following persons as board directors

·         Mayor Lutfur Rahman (Chair of board)

·         Councillor Abu Talha Chowdhury

·         Denise Radley, Corporate Director Health and Social Care and Deputy Chief Executive.

4.    Agree the process for winding up Tower Hamlets Homes Limited will be via a members’ voluntary liquidation.

Action by:

INTERIM CORPORATE DIRECTOR, HOUSING AND REGENERATION (JENNIFER PETERS)

Director of Housing (Karen Swift)

Programme Lead – Housing Management Strategic Review (Nicola Klinger)

Councillor Kabir Ahmed, Cabinet Member for Regeneration, Inclusive Development and Housebuilding introduced the report that, prior to the transfer of housing management services back to the council, set out the administrative process, including the appointment of a new board of directors and adoption of a new set of Tower Hamlets Homes Limited Articles of Association to simplify the composition of the board. The report also recommended that a members’ voluntary liquidation process is completed to wind up the Company.

The Mayor welcomed the report and proposals, which he noted were temporary arrangements to secure the transfer. He nominated himself, Councillor Abu Choudhury and Denise Radley as board directors, and indicated he would chair the board.

RESOLVED that the Mayor in Cabinet:

1.    Agrees to the Tower Hamlets Homes Limited Articles of Association to be changed to the articles set out in Appendix One to the report.

2.    Appoints a board of three directors, compromised of council officers and members, as set out in paragraph 3.9.16 of the report.

3.    Nominates the following persons as board directors

·         Mayor Lutfur Rahman (Chair of board)

·         Councillor Abu Talha Chowdhury

·         Denise Radley, Corporate Director Health and Social Care and Deputy Chief Executive.

4.    Agrees the process for winding up Tower Hamlets Homes Limited will be via a members’ voluntary liquidation.