The purpose of the report was to update the Committee on the current status of the Asset Register.  Much work had been undertaken since the last report in January 2017.  There was an asset list which covered all known deeds the council owned.  The asset list covered non housing assets.  The database would form the basis of a more detailed asset review which allowed the Council to prepare more detailed business cases related to potential usage, which would incorporate income generation. 

Cllr Mrs McKinlay MOVED and Cllr Kerslake SECONDED the recommendation within the report and following a discussion a vote was taken on a show of hands it was

RESOLVED UNANIMOUSLY that

1.    Members agreed to upgrade the Argus Management System and the Geographic Information System in line with the up to date asset list, and commence work on the remaining statutory declaration land assets. 

Reason for recommendation

To ensure that the full extent of general fund assets are recorded, reported and understood in order to maximise their use. 

To ensure the Council’s use of assets reflects the needs of the borough and the Council and to contribute towards the establishment of an income generation plan utilising the Councils assets.