Issue - meetings

AGREED that Members note the Arkwood Performance Report (attached as the Appendix to the report) and consider company’s performance against its targets and objectives highlighting any areas of high performance and identifying areas for improvement.

The Managing Director- Arkwood was in attendance to present the performance report for quarter 2 and a presentation updating Members on recent progress with developments at Manea and Wirksworth and an update on the pipeline.

Members considered the report and presentation, noting the importance of pipeline sights for the financial success of the Company. Members welcomed the emphasis on Biodiversity Net Gain and inclusion of exemplar properties in developments where possible. Priorities set by the Committee, particularly in relation to sustainability, were driving work practices, for example the use of off-site manufacturing to reduce the number of days on site.

AGREED (unanimously) that Members note the Arkwood Performance Report (attached as the Appendix to the report) and consider company’s performance against its targets and objectives highlighting any areas of high performance and identifying areas for improvement.

Reasons for Decision:

To ensure appropriate review of the Performance of the Councils wholly owned Housing Development Company (Arkwood).

Options considered:

Not applicable