Welland Homes - Dividend and charitable donation payments

March 14, 2025 Portfolio Holder for Strategic and Operational Housing (Cabinet member) Key decision Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to approve the Welland Homes Board's decision to make charitable donations totaling £100,373 to Citizens Advice South Lincolnshire, Active Lincolnshire, and South Holland in Bloom, and to pay a dividend to the shareholder, in accordance with the company's Dividend and Charitable Donations Policy, and to pass the necessary Shareholder resolution.

Full council record

Purpose

To endorse the decision of
Welland Homes board to make charitable
donations and dividend payments in accordance with the
company’s dividend and charitable donations
policy.
 

Decision

That the decision of Welland Homes
Board to make charitable donations and pay a dividend to the
shareholder is approved, in accordance  
 with the WellandHomes Dividend andCharitable
DonationsPolicy
That the following charitable donations are made:

£91,173 to Citizens Advice South Lincolnshire
£6,000 to Active Lincolnshire
£3,200 to South Holland in Bloom
 

3.   
That the necessary Shareholder resolution be
passed.

Supporting Documents

REPORT Welland Homes Dividend Payment.pdf

Details

OutcomeRecommendations Approved
Decision date14 Mar 2025
Subject to call-inYes