Purpose

To consider approving the strategy for council-owned garage sites across the city, including proposals for their management, sale and potential development.

Decision

1. That the Garage Asset Management Strategy 2026-2030, attached as an Annex to the report, be approved, including:

(a)        the rationalisation of the garage portfolio, creating a core stock which is financially sustainable, while demolishing, repurposing, or disposing of surplus assets;

(b)       resource allocation and spend approval of £0.050m in the 2026/27 capital programme for the investment in the general fund garage portfolio; and

(c)        the creation of a sinking fund from net revenue receipts to ensure that the management, and on-going maintenance is self-funded and fully sustainable.

1. That authority be delegated to the Director Environment and Property, in consultation with the Deputy Leader and Cabinet member for Resources and Customer Experience and the Director of Finance, to finalise the arrangements for:

(a)        development of detailed business cases for disposals, demolition, alternative uses, and investment proposals; and

(b)       implementation of the supporting Garage Rental, Repossession, Asset Management, and Maintenance policies and associated programmes which will be delivered through a blend of internal professional services and externally procured specialists, as required.