That:
1) Optalis Holdings Limited (‘OHL’) submits regular reports on the operational, financial and strategic performance of the companies in the Optalis group to WBC (Holdings) Limited and that a Wokingham appointed Director of OHL and the Managing Director of Optalis Limited attends the shareholder meetings of WBC (Holdings) Limited;
2) the Group Operating Protocol (‘GOP’) between Wokingham Housing Limited, Loddon Homes Limited and Berrybrook Homes Limited and the Council shall be amended so that the Assistant Director of Housing and Place is recognised by the companies, WBC (Holdings) Limited and the Council as the Officer with authority to agree and manage the financial and operational requirements in service contracts between the Council and the housing companies;
3) the Assistant Director of Housing and Place shall attend the shareholder meetings of WBC (Holdings) Limited to discharge his overall responsibility to Housing;
4) the modifications to the GOP, form and frequency of the reports and attendance by OHL and the AD shall be determined by the Board of WBC (Holdings) Limited;
5) the budget monitoring position for the month ending 31st January 2019 be noted;
6) the operational update for the period to 31 January 2019 be noted.