Issue - meetings
Meeting: 18/02/2025 - Shareholder Committee (Item 9)
9 6 Monthly Assurance Report - West Norfolk Property 
PDF 622 KB
Decision:
RESOLVED: That the contents of the Annual Assurance Report be noted with future reports to include progress against Business Plan.
Reason for Decision
To ensure the Shareholder Committee is kept up to date on the work of West Norfolk Property Co.
Minutes:
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The report provided an update on West Norfolk Property’s activities over the past 6-12 months in relation to finances, governance and progress against the business plan.
Recruitment for new Board Members the Company’s embers was underway and would be reported to the Committee for approval.
The numbers of properties already purchased, and in the pipeline was now becoming a significant number. It was suggested that the properties at Southend Road Hunstanton could be looked at for private rental properties.
It was requested that reports to future meetings contain the performance progress against the Business Plan, along with any gap analysis.
RESOLVED: That the contents of the Annual Assurance Report be noted with future reports to include progress against Business Plan.
Reason for Decision
To ensure the Shareholder Committee is kept up to date on the work of West Norfolk Property Co.
Meeting: 18/02/2025 - Shareholder Committee (Item 8)
8 6 Monthly Assurance Report - West Norfolk Housing PDF 699 KB
Decision:
RESOLVED: That the contents of the Annual Assurance Report be noted, with future reports to include progress against Business Plan.
Reason for Decision
To ensure the Shareholder Committee is kept up to date on the work of West Norfolk Housing Co.
Minutes:
Click here to view the recording of this item on YouTube
The report provided an update on West Norfolk Housing’s activities over the past 6-12 months in relation to finances, governance and progress against the business plan.
In discussing the funding element of the Company, it was stressed that it was important to put in place all the financial elements of the Company to get as much as possible in place prior to Local Government Review in order that a successor authority can continue as deemed appropriate.
It was noted that 2 new Directors had been appointed and a further Director was in the process of being appointed.
RESOLVED: That the contents of the Annual Assurance Report be noted, with future reports to include progress against Business Plan.
Reason for Decision
To ensure the Shareholder Committee is kept up to date on the work of West Norfolk Housing Co.