DECISION

1.    Approve the proposed Strategic Asset Management Plan 2024-29 (‘SAMP’) and the high-level actions which flow from the Plan.

Action by

CORPORATE DIRECTOR HOUSING AND REGENERATION (P. PATTERSON)

Interim Director, Regeneration & Assets (D. Hughes)

Councillor Saied Ahmed, Cabinet Member for Resources and the Cost of Living introduced the report that introduced the council’s Strategic Asset Management Plan 2024-29 (‘SAMP’). Councillor Ahmed explained that the aim of the SAMP was to enable the council to review its property assets to better pursue its corporate goals, which may enable existing sites to be repurposed for other priorities such as housing delivery. It would also allow the Council to focus on Best Value in relation to property – through aspects such as improving occupancy of service buildings and optimising the income received through our leased estate.

The Mayor and Cabinet welcomed the report which they felt would  enable the Council to fulfil its best value duty by ensuring all buildings are used efficiently and by optimising revenue from our income generating assets.

RESOLVED that the Mayor in Cabinet:

1. Approved the proposed Strategic Asset Management Plan 2024-29 (‘SAMP’) and the high-level actions which flow from the Plan.