Summary of
Decision
-
That the Westminster Local Education Partnership be
wound up with a share of the funds remaining, after legal or
professional fees, any creditors or other liabilities etc. are
paid, to be returned to the Council be
approved.
-
That Cabinet passes a Special Resolution
substantially in the form of the draft Special Resolution attached
at appendix 1 of the report to wind up the Westminster LEP be
approved.
-
That delegated authority be given to the Executive
Director of Finance and Resources to execute all necessary
documentation once agreed, to implement the liquidation of the LEP,
and novate or otherwise transfer to the Council the various
contracts required to give effect to the proposals set out in this
report.
Reasons for
Decision
After completion of all works and services
required by the entity and with no future requirement for the
entity, it is proposed to close the company.
Stuart Love, Chief
Executive,
Westminster City
Hall,
64 Victoria
Street
LONDON SW1E 6QP
Publication
Date:
|
24 May 2021
|
Implementation
Date:
|
24 May 2021
|
Reference:
|
CMfLA/4/2020-2021
|