Decision Maker: Cabinet
Decision status: Decision made
Is Key decision?: Yes
Is subject to call in?: Yes
This report will seek approval to sign up to
LIFT.
Please see attached record of
decisions
The establishment of LIFT Co presents a
significant opportunity to improve public sector services in Medway
as well as a regeneration opportunity that is complementary to
other regeneration initiatives in Medway. There is therefore a
significant advantage to be gained from the Council being actively
involved in LIFT Co.
LIFT Co needs to be regarded as a property development and
management company from which the Council could benefit from having
both a stakeholding and a shareholding - albeit a small minority
holding.
Publication date: 30/03/2004
Date of decision: 30/03/2004
Decided at meeting: 30/03/2004 - Cabinet
Effective from: 09/04/2004
Accompanying Documents: