Decision Maker: Executive
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose: To consider various items related to
the business of the Council owned companies, including their
trading position
That:
1) the budget monitoring position for the month ending 31 January 2017 be noted;
2) the operational update for the period to 28 February 2017 be noted;
3) the recommendation of WBC Holdings Board that the company and reporting structure for the Optalis group will be the same for both Councils with Optalis Holdings reporting directly to the Council Executives be noted;
4) the operational funding facility for Wokingham Housing Limited of £500k, charged at an interest rate of base plus 5.5% be approved.
Wards Affected: None Specific;
Declarations: Councillors Pauline Jorgensen and Anthony Pollock declared personal interests in this item.
Dispensations: None
Reference Number: WBC913
Contact: Email: emma.lyons@wokingham.gov.uk Tel: 07769 957900.
Report author: Emma Lyons
Publication date: 30/03/2017
Date of decision: 30/03/2017
Decided at meeting: 30/03/2017 - Executive
Effective from: 08/04/2017
Accompanying Documents: