Decision details
Establishment of a Property Company
Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Decision:
(1) That approval be given to the establishment of a commercial trading property company which will be by limited by shares and 100% owned by Lincolnshire Future Ltd.
(2) That the property company be named Lincolnshire County Property Ltd.
(3) That delegated authority be given to the Executive Director of Finance and Public Protection, in consultation with the Leader of the Council and Executive Councillor for Resources and Communications, 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 as well as the Council's representative in relation to the Company.
Report author: Kevin Kendall
Publication date: 05/02/2019
Date of decision: 05/02/2019
Decided at meeting: 05/02/2019 - Executive
Accompanying Documents: