The Cabinet was presented with a business case, on behalf of the Board of Rosherville Limited, for the formation of a subsidiary company – Rosherville Repairs & Maintenance Limited.

            Resolved that:-

1.    the formation of the Rosherville Repairs & Maintenance Limited subsidiary company, including the provision of £66,623 seed funding to assist the company with initial set up costs be approved; and

2.    authority be provided for the Director (Housing) in conjunction with the Rosherville Limited Company Secretary to make the necessary arrangements to register the company with Companies House.

Note: Cllr Lenny Rolles left the Chamber during consideration of this item.