Greenwich Council

Decision details.

Woolwich Creative District - the creation of a new trust, co-operative or Community Interest Company (CIC) to manage the site

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

1.   Noted the options for establishing a new organisation to be responsible for receiving a sublease of the Creative District buildings from the Royal Borough and for managing the site and the relationships.

 

2.   Noted the recommendations from Trowers and Hamlins (TH) that a Company Limited by Guarantee (CLG) should be the preferred structure.

 

3.   Agreed to establish a Company Limited by Guarantee.

 

4.   Agreed a phased-handover.

Publication date: 17/11/2017

Date of decision: 15/11/2017

Decided at meeting: 15/11/2017 - Cabinet

Effective from: 25/11/2017

Accompanying Documents: