Issue - meetings

Members acknowledged the need for a Corporate Asset Strategy that outlined a commitment to proactive corporate property and land asset management. The current asset strategy expired in 2011 and Cabinet was being asked to approve a new asset strategy that documented the key areas of focus. The proposed new strategy also introduced an improved disposal process.

Cabinet was advised that the proposed Asset Management Strategy had been considered by the Overview & Scrutiny Panel and recommend to Cabinet for approval.

Councillor Fenner spoke under Council Procedure Rule 24.1.

Councillor Everitt proposed, Councillor Nicholson seconded and Members agreed the following:

To approve the Corporate Property Asset Management Strategy 2014 – 2019.

Report to follow

Edwina Crowley, Head of Economic Development & Asset Management led discussion on the item and said that the document provided an approach for managing Council assets and a corporate process that highlights the decision path for the disposal of Council assets.

Some Members said that this proposed strategy was clearer than the one it is intended to replace and commended the officers for the work done in producing the document.

Councillor Campbell proposed, Councillor Huxley seconded and Members agreed to recommend to Cabinet for approval; the Corporate Property Asset Management Strategy 2014 – 2019.