Recommendations of Cabinet Committee: Update on Nova House / Ground Rent Estates 5 Ltd (GRE5) Business Plan

November 18, 2024 Cabinet Committee, Cabinet (Committee) Key decision Approved View on council website
Full council record

Purpose

To receive an update on Ground Rent Estates 5 (GRE5) and
the business plan; and the current position and future programme of
works at Nova House.

Decision

a) Noted the current position, including
the latest estimate of the final financial exposure of Slough
Borough Council (SBC).
 
b) Approved the GRE5 Business Plan
appended at Appendix 1 for 2025/26 and note the GRE5 Business Plan
for the period from April 2026 to March 2028.

Related Meeting

Cabinet - Monday, 18th November, 2024 6.30 pm on November 18, 2024

Supporting Documents

Appendix - Business Plan 2024 14112024 Cabinet Committee - Asset Disposals.pdf
Report.pdf

Details

OutcomeRecommendations Approved
Decision date18 Nov 2024
Subject to call-inYes