Issue - meetings

The Corporate Property Manager updated the committee on the progress of the Property Asset review.  The progress was outlined under three headings – ‘More estates work needed to maximise value’, ‘Management Intervention required’, and ‘Dispose/Develop’. Work on the review recommendations was continuing to maximise revenue, and the development of the asset management plan would ensure a strategy for to support the work on individual assets and ensure good outcomes continued to be achieved.

In response to questions the Corporate Property Manager outlined the standard maintenance budget used annually over the Council’s properties.  A recent change was to ensure there were schedules of condition for every property the Council owns in order to prevent situations like those at Heather House.

RESOLVED:  That the progress made on the effective use of the Council’s property assets since the Property Asset Review report was submitted in January 2019 be noted.