Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
A report by the Director of Regeneration, Planning and Housing outlined the details of a proposed merger of Wirral Investment (Management) Network (WiN) with Egerton House (Wirral) Ltd. The Cabinet was informed that the proposed merger would create a new business support organisation ‘Wirral Business Partnership’ that would continue to operate from the Egerton House building, further enhancing the delivery of business support activity within the Borough.
The Council would be asked to endorse the proposed merger and nominate two representatives to sit on the Board of Wirral Business Partnership. Also, the Council had been asked to consider a new twenty years lease relating to the Egerton House facility, which was effectively a ten years extension to the current lease which ran out in 2022.
(1) the Cabinet endorses the merger of Wirral Investment Network (WiN) and Egerton House (Wirral) Limited to form a new company ‘Wirral Business Partnership’ with the intention of delivering high quality business support activity within the Borough;
(2) the nominations to the Wirral Business Partnership Board of the Leader of the Council and the Strategic Director of Regeneration and Environment be agreed;
(3) the Acting Director of Law, HR and Asset Management be authorised to enter into negotiations for the surrender of the current Lease of Egerton House (Wirral) Limited and the grant of a new Lease to Wirral Business Partnership on terms to be agreed and reported back to the Cabinet. (This is subject to the conditions outlined within paragraph 8.4 of the report being met.)
Publication date: 05/12/2012
Date of decision: 29/11/2012
Decided at meeting: 29/11/2012 - Cabinet
Effective from: 13/12/2012