Issue - meetings

Council Owned Companies' Business

Meeting: 18/02/2016 - Executive (Item 116)

116 Council Owned Companies' Business pdf icon PDF 416 KB

Additional documents:

Decision:

That:

1)             the budget monitoring position for the month ending 31 December 2015 be noted;

 

2)            the operational update for the period to 31 January 2016 be noted;

 

3)            the Wokingham Housing Remit Document be approved;

 

4)            the Optalis Remit Document be approved;

 

5)            the Wokingham Housing Business Plan (as previously presented to the Executive at the January 2016 meeting) be approved;

 

6)            the Optalis Business Plan (as set out in the Part 2 document) be approved.

 

Minutes:

(Councillor Anthony Pollock declared a personal interest in this item)

The Executive considered a report relating to the activities of the Council Owned Companies including the budget monitoring position to 31 December 2015 and the operational update to 31 January 2016.

 

The Leader of Council clarified that the Wokingham Housing Business Plan was actually presented at the previous meeting but was inadvertently left out of the recommendations and therefore was not approved at that meeting.  Councillor Baker highlighted the business development section of the report which had grown as the reputation of Optalis had increased.  

 

Councillor Pollock paid tribute to the work being carried out by the Holding Company which was a good demonstration of working together to gain new business.

 

RECOMMENDATION That:

1)             the budget monitoring position for the month ending 31 December 2015 be noted;

 

2)            the operational update for the period to 31 January 2016 be noted;

 

3)            the Wokingham Housing Remit Document be approved;

 

4)            the Optalis Remit Document be approved;

 

5)            the Wokingham Housing Business Plan (as previously presented to the Executive at the January 2016 meeting) be approved;

 

6)            the Optalis Business Plan (as set out in the Part 2 document) be approved.