Agenda item

(a)  That the Asset Management Plan 2014-17, as set out in Appendix A, be approved, subject to an amendment to the table in paragraph 10.8 of the AMP that the Maria Cowland Hall site keep open the option of a health or medical related facility.

(a)  That the potential use of CPO powers as described in Section 8 of the AMP be noted; the proposed CPO policy, attached as Appendix C be approved and a review of the policy every three years be agreed.

(b)  That the achievements summarised in section 6.2 of this report and the potential future regeneration projects outlined in section 10 of the AMP be noted.

(c)  That the summary of Key Actions described in Section 14 of the AMP be noted and approved. 

(d)  That the role of the Corporate Landlord be noted, agree that all future Cabinet reports be amended to include a new section 3 (e) Property Implications and that all future reports with a property implication must be signed off by the Assistant Director Assets, Infrastructure and Regeneration.

(e)  That the emerging issues summarised in section 13 of the AMP be noted.

(f)  That the proposed Disposal, Investment and Acquisition Policy, attached as Appendix B to this report, be approved, and reviewed annually in line with the review of the Asset Management Plan.

The Interim Head of Asset Management introduced a report which sought approval for the Asset Management Plan (AMP) 2014-17 and associated policies.

The Cabinet were informed that the revised Asset Management Plan described how the Council should manage its assets as a Corporate Landlord.  The key aims of the plan, as set out fully in paragraph 6.3 of the report, were highlighted and they included using the Council’s assets to promote economic development and introduce a more proactive approach to estate management.  There was a discussion about the proposed Disposal, Investment and Acquisition Policy and in particular the Compulsory Purchase Policy Statement which Commissioners welcomed and believed was a potentially useful option in unlocking development.

Members discussed a number of other specific aspects of the report including the list of possible future projects described in paragraph 10.8 of the Asset Management Plan.  Following discussion about the Maria Cowland Hall site, which was identified for a small housing development, it was agreed to amend the Plan to keep open the option of a doctors surgery or other health related facility.  With this amendment noted the Plan and associated policies and statements were agreed.

Resolved –

(a)  That the Asset Management Plan 2014-17, as set out in Appendix A, be approved, subject to an amendment to the table in paragraph 10.8 of the AMP that the Maria Cowland Hall site keep open the option of a health or medical related facility.

(a)  That the potential use of CPO powers as described in Section 8 of the AMP be noted; the proposed CPO policy, attached as Appendix C be approved and a review of the policy every three years be agreed.

(b)  That the achievements summarised in section 6.2 of this report and the potential future regeneration projects outlined in section 10 of the AMP be noted.

(c)  That the summary of Key Actions described in Section 14 of the AMP be noted and approved. 

(d)  That the role of the Corporate Landlord be noted, agree that all future Cabinet reports be amended to include a new section 3 (e) Property Implications and that all future reports with a property implication must be signed off by the Assistant Director Assets, Infrastructure and Regeneration.

(e)  That the emerging issues summarised in section 13 of the AMP be noted.

(f)  That the proposed Disposal, Investment and Acquisition Policy, attached as Appendix B to this report, be approved, and reviewed annually in line with the review of the Asset Management Plan.