Decision details
Asset Management Strategy
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Decision:
The purpose of the report was to agree to adopt the Asset Management Strategy to provide a clear strategy for future decision making and investment in the Councils land and property assets.
The Deputy Leader and Cabinet Member for Finance introduced the report, highlighting the following points;
- The list of assets at Annex A contained some minor errors, eg. Northleach was a town not a parish. Officers would be making these changes.
- Principles of managing these assets was listed on page 12 of the report.
- Commercial opportunities for the Council’s assets were also highlighted in the document
Members of the Cabinet welcomed the report, and raised the following points;
· Internal works were being undertaken to Cirencester Leisure Centre
· The list of assets was valuable in order to decarbonise the Council’s assets as soon as possible
· The strategy and its objectives were clear, but that adequate member involvement would be needed to ensure its successful implementation. The Leader stated that this feedback has been given to senior officers, but would also be raised at a future meeting of the constitution working group.
The recommendations were proposed by Councillor Mike Evemy and were seconded by Councillor Joe Harris.
RESOLVED: That Cabinet
1. AGREED to adopt the Asset Management Strategy attached at Annex B.
2. AGREED to instruct its consultants Carter Jonas to review its existing assets in line with that Strategy.
Voting Record
7 For, 0 Against, 0 Abstention, 1 Absent/Did not vote
Report author: David Stanley
Publication date: 13/05/2024
Date of decision: 09/05/2024
Decided at meeting: 09/05/2024 - Cabinet
Effective from: 18/05/2024
Accompanying Documents:
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