Decision Maker: Cabinet

Outcome: Decision Made

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: October 23, 2025

Purpose: The report considers the effectiveness and appropriateness of governance arrangements within the Council with regards to Tunbridge Wells Property Holdings Ltd.  In addition the report considers the governance arrangements within the Company itself.

Content: RESOLVED –   That the findings of the review of Tunbridge Wells Property Holdings Ltd (‘the Company’) and Tunbridge Wells Borough Council’s (‘the Council’) current governance arrangements in relation to the Company be noted.   That the Property Asset Oversight Panel (PAOP) have oversight of the Company’s (TWPH) operations and makes decisions as to which of the recommendations are implemented be approved.     REASON FOR DECISION:  To ensure the Company will remain an appropriate  and effective vehicle for delivering the Council’s property related objectives to provide privately let housing, on assured short-hold tenancies at market rent.