The Cabinet resolved to:
(i) Agree, in principle, to the Council’s participation in “Capital Letters”, a Company Limited by Guarantee to be established by the London boroughs, in accordance with the strategy set out in the report; and
(ii) Delegate authority to the Chief Operating Officer, in consultation with the Cabinet Member for Regeneration and Social Housing and the Director of Law and Governance, to make the final determination on the Council’s participation and, if appropriate, enter into all the legal agreements, contracts and other documents on behalf of the Council required to implement any aspect of the arrangements, including the appointment of the Council’s Company Member Representative and operational arrangements for staff secondment.