HO141 Winstanley and York Road Regeneration LLP – proposed terms of the acquisition of Taylor Wimpey UK Limited’s interest.
December 19, 2024 Chief Executive (Officer) Key decision Awaiting outcome View on council websiteThis 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 finalize the acquisition of Taylor Wimpey UK Limited's stake in the Winstanley and York Road Regeneration LLP, establish a council-owned company for the joint venture's operation, and delegate director appointment authority to the Chief Executive in consultation with the Council Leader.
Full council record
Purpose
(a) To conclude terms and complete contracts with Taylor Wimpey UK Limited (TW) for the transfer of its interest in the Winstanley and York Road Regeneration LLP (the JV)
(b) To establish a Council owned company to enable the JV to operate for the reasons set out in this report.
(c) To delegate to the Chief Executive authority to appoint the company’s directors in consultation with the Leader of the Council and to replace them if required.
Details
| Outcome | For Determination |
| Decision date | 19 Dec 2024 |