Purpose

To evaluate the current procedures and
practices involved in the determination of Assets of Community
Value (ACV). And to assess the effectiveness, and transparency of
the process by which assets are nominated, reviewed, and listed or
rejected as ACVs. By identifying strengths and weaknesses in the
current process, this review seeks to provide actionable insights
and recommendations to enhance decision-making, ensure compliance
with legal and policy frameworks, and better serve the interests of
the community

Content

The purpose of the report WAS to evaluate the
current procedures and practices involved in the determination of
Assets of Community Value (ACV). This review aimed to assess the
efficacy and transparency of the process by which assets are
nominated, reviewed, and ultimately listed or rejected as ACVs. By
identifying strengths and weaknesses in the current process, this
review sought to provide actionable insights and recommendations to
enhance decision-making, and ensure compliance with legal and
policy frameworks, to better serve the interests of the
community.
 
The Cabinet Member for Health, Leisure and
Parking, Councillor Paul Hodgkinson introduced the item on behalf
of Councillor Lisa Spivey.
 
The Community Partnership Officer also
addressed Cabinet on the policy.
 
The recommendations were proposed by
Councillor Paul Hodgkinson and seconded by Councillor Joe
Harris.
 
RESOLVED: That Cabinet

1.   
AGREED the recommendations in the annexed review;

2.   
AGREED to the proposal to formally notify ward members on
validation of Asset of Community Value nominations.