Issue - meetings

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

The Non-Executive Director and the Managing Director- Arkwood Developments were in attendance to present the performance information for Quarter 2. Members heard updates on progress at sites including Cambridge,  Wirksworth and Long Bennington. Members also considered the land pipeline in detail, and an overview of the Companies Strategic Priorities.

Members discussed the presentation and performance, citing recent site visits which had been very impressive, and the positive way which the Company worked with the local community. It was acknowledged that the Company had worked through some challenging times recently but Members were reassured with progress and the pipeline for sites.

AGREED (unanimously) That Members note the Arkwood Performance Report (attached as the Appendix) 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:

None