Decision details

Creation of a Joint Venture Local Authority Trading Company – legal model options

Decision Maker: Chief Executive

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

1.1. The proposed company and trading names of the new Joint Venture were noted - ‘Hampshire and Kent Commercial Services’ and ‘Connect2Hampshire’ respectively;

1.2. It was agreed that the new Joint Venture will be created as a Limited Liability Partnership (LLP), and legal advice in this respect was noted;

1.3. It was also noted that following decision 1.2 above, Commercial Services Kent Ltd will:

a) Instruct their legal representatives to continue with the creation of all legal documentation (i.e. the Membership Agreement and Joint Accountability Statements), in consultation with HCC’s legal advisors;

b) Proceed with the creation and incorporation of the new Joint Venture LLP.

Publication date: 24/10/2018

Date of decision: 19/10/2018

Accompanying Documents: