Decision details

Cabinet will be asked to approve the membership and budget of Capital Letters, a Company jointly owned by the London Councils.

Cabinet:

1.    Agreed to join Capital Letters (London) Limited, a company limited by guarantee established by the London boroughs, as a member. This will procure or lease accommodation for the benefit of those London boroughs that become members of the company including signing the relevant Membership Agreement and Deed of Adherence.

2.    Agreed to pay the annual sum of £100,000 from the Flexible Homelessness Support Grant to Capital Letters.

3.    Agreed that the Council is represented  as a Member by Cllr Chapman  and note that this can be changed subject to availability for any Member Meetings.