Decision details
Establishment of a Holding Company
Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Decision:
(1) That the establishment of a Holding Company limited by shares and 100% owned by the County Council be approved.
(2) That the Holding Company be named Lincolnshire Future Limited.
(3) That the Executive Director for Finance and Public Protection, in consultation with the Leader of the Council and Executive Councillor for Resources and Communications, be delegated authority to complete all legal matters to enable the company to be established, including approval of the final form of all necessary legal documentation and the appointment of Directors and the Council's member representative.
(4) That approval be given to the development of a detailed business case to establish the first company beneath the Holding Company for the development of specialist housing in Lincolnshire to support adult care.
Report author: Kevin Kendall
Publication date: 06/03/2018
Date of decision: 06/03/2018
Decided at meeting: 06/03/2018 - Executive
Effective from: 10/03/2018
Accompanying Documents: