The Township Committee considered a report of the Director of Economy that presented the Council’s Asset Strategy 2016 – 2019, further to its approval by the Council’s Cabinet on 6^th June 2016.

The Council’s previous Asset Strategy expired on 31^st March 2016. Over the three year lifespan of this Strategy there had been greater focus on property management activities and this had led to some significant changes and improvements and some of the achievements and improvements were summarised at Section 5 of the revised draft Strategy.

The revised Strategy presented replaced the previous Strategy and built on its achievements. It considered the challenges that the authority was likely to face over its three year lifespan and how asset management might support service delivery. The Strategy sought to establish the benefits the Council would wish to achieve from its property portfolio and recommended the overall direction of travel for property management activity. It provided a framework of objectives to support decisions affecting the management of assets and identifies a series of work streams and actions designed to develop the property portfolio and its contribution to Council objectives during the next three years.

DECIDED – That the report be noted.

Eligible for Call-in: No.