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1.     
That the updated business plan for WV Living 2023-2028 be
approved.

2.     
That authority be delegated to the Cabinet Member for Resources and
Digital City in consultation with the Chief Operating Officer and
the Director of Finance to approve detailed loan agreements,
amendments to any loan agreements and the execution of any loan
agreements or other financial instruments between the Council and
WV Living.

3.     
That the Council would continue to act as guarantor for contracts
entered into by WV Living where appropriate and that authority be
delegated to the Cabinet Member for Resources and Digital City in
consultation with the Chief Operating Officer and the Director of
Finance to authorise any such guarantees.

4.     
That the establishment by WV Living of subsidiary companies to act
as management companies for developments at The Marches and Hampton
Park and the transfer of these management
companies to homeowners upon completion of developments be
approved.

5.     
That authority be delegated to the Cabinet Member for Resources and
Digital City in consultation with the Chief Operating Officer and
the Director of Finance to approve the establishment of additional
subsidiary management companies for future developments and the
transfer of these management companies to homeowners upon
completion of developments.

6.     
That amendments to WV Living policies as detailed in the report be
approved.

7.     
That in the light of the new Business Plan the Council confirms
that it has confidence that WV Living is a going concern for at
least the next 12 months.

8.     
That it be noted that the updated business plans for WV Living
would be brought to Cabinet for approval on an annual basis.