Chesham Renaissance Community Interest Company
Objectives of Chesham Renaissance CIC
Chesham Renaissance Community Interest Company will carry on activities which benefit the community.
Its primary objective is to position Chesham advantageously, to the benefit of present and future generations of residents, whilst preserving the most important aspects of the town’s character and environment.
Chesham Renaissance CIC is drafting, in conjunction with its members and the local community, a ‘Masterplan for Chesham’ to deliver joined-up thinking on residential and commercial development and infrastructure.
Why a Community Interest Company?
The programme of work envisaged by the Masterplan can only be viable if it is managed as one programme.
The Special Purpose Vehicle which is best suited to deliver this programme on behalf of the community is a Community Interest Company (CIC).
A mandatory asset lock, restrictions on dividends and reporting requirements, all ensure that true community benefit is always at the core of any CIC.
Governance and Directors
CICs are limited companies which operate to provide a benefit to the community they serve.
The CIC sector is regulated by the Office of the Regulator of Community Interest Companies, which works with the Department for Business, Energy & Industrial Strategy.
An interim board for Chesham Renaissance CIC is chaired by Tony Molesworth, with Directors Ray Payne, Andy Garnett, Andrew Ketteringham and Roger Smith. All are residents of Chesham.
Partners and Funders
Chesham Renaissance Community Interest Company will draw upon support and expertise from within Chesham and beyond.
London-based architects Allies and Morrison have been appointed to design the Master Plan.
A strong core of founder members has facilitated early work on the Master Plan.