The Board of the Arms Length Management Company (ALMO) have signed a Management Agreement to carry out activities on behalf of the Council.
The Government has provided additional financial support for the high performing Arms Length Management Organisations. The Board of Eastbourne Homes Limited must therefore provide leadership to ensure that high standards of service are delivered and that continuous improvements in housing services occur. The Board must lead by example in the way it manages itself as a group and as individuals and how it discharges its responsibilities. This cultural ethos goes hand in hand with the legal responsibilities.
The Board has clearly set out constitutional and legal duties under the Articles of Association and the Memorandum of Association (Companies Act 1985). It is therefore essential that the Board exercises their duties well and effectively to ensure the objectives of the organisation are met.
The Council and the Audit Commission will want Eastbourne Homes to be able to demonstrate that it has in place effective systems to deliver the high standards of governance to discharge the financial responsibilities and management freedoms the council has delegated. It must be able to demonstrate that it is a viable and properly managed organisation and that it is promoting standards of probity and enhancing the reputation of local authority.
Finally the Board must be able to demonstrate that it is an effective organisation that knows how well it is performing and what are its strengths and weaknesses.
