Under the terms
of the S106 agreement for the Wellesley Development the developers were
required to set up an Estate Management Company (EMC) to maintain and manage
the open spaces and estate areas of the development, with Rushmoor BC entitled
to become a member of the company and nominate a representative to be appointed
as a director of the company. The appointment is to act as the Council’s
representative on the estate management company – Wellesley Residents Trust Ltd.
to help ensure that the obligations of the EMC are fulfilled in accordance with
the agreed Estate Management Plan.