Decision

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

Decision Maker: Cabinet Committee, Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: November 18, 2024

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.

Content: 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.

Supporting Documents

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

Related Meeting

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