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*RESOLVED –
 

1.  
That the asset management strategy
delivery plan for 2024/25 as set out in Appendix A of the
officer’s report, which aims to move forward delivery of the
strategic objectives set out in the Council’s Asset
Management Strategy, be approved.
 

2.  
That funding of up to £350,000
be approved to progress the procurement and implementation of a new
asset management software system, to be funded through the use of capital
receipts.
 

3.  
That funding of up to £300,000
be approved, to be funded over two financial years from the
property renewals fund and through the use of bespoke commercial
property reserves, to progress a programme of stock condition
surveys, net-zero carbon assessments and
business cases leading to delivery of a fully funded asset
maintenance and decarbonisation programme.
 

4.  
That the capital receipts policy be
endorsed, as set out in the Asset Management Strategy -
to reinvest capital receipts, secured
through the disposals programme, into the land and property estate
to fund asset maintenance, decarbonisation and investment
activity.
 

5.  
That it be noted that successful
delivery of the recommendations set out in this report is dependent
upon approval of the proposed reshape of the property and technical
services team that is being presented to Joint Cabinet and
Employment and General Committee on 19 March
2023.
 

6.  
That authority be delegated to the Service Director – Economic Growth, in
consultation with the Cabinet Member for Finance and
Asset Management, to make amendments to the Asset Management Strategy
Delivery Plan during the financial year 2024/25 to optimise
operational effectiveness.
 
REASON FOR DECISIONS
 
To establish, for 2024/25, a detailed work programme and resources to continue
the delivery of the Council’s asset management strategy that
sets out the vision, asset management policies and strategic
objectives to guide the overall management of the council’s
land and property assets, in line with the Council’s overall
vision and priorities.