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Chris Hope, head of leisure and community services at Three Rivers District Council and Chair of HACO said: "This programme has really shown what local authorities can achieve when they pool resources towards a common goal.
Watford Borough Council and Three Rivers District Council are other key partners involved in the project.
The majority of the Trust~s properties are located in the Watford Borough Council area, with some stock in neighbouring Three Rivers District Council, both in South West Hertfordshire.