The aim of the Council’s Asset Development Programme was to steer and manage development opportunities from the Council’s property asset base so as to deliver improved revenue streams from the portfolio but at the same time securing the regeneration, economic development and housing objectives of the council.  The report provided an update of the Asset Development Programme Project Board to date.   

Further to the PP&R Committee meeting in September 2017, meetings had been arranged with interested partners during December 2017 to consult with the market.  

In addition, there were three items from the Early Successes Workstream of the project that had been put forward for resolution at the Committee meeting:

·         Memorial Walls

·         Community Halls Management

·         Early Disposals of Assets

Officers had reviewed the list of the Council’s Assets to identify any that might be appropriate for early disposal and the proposed list was tabled at the meeting.

Cllr Mrs McKinlay MOVED and Cllr Kerslake SECONDED the recommendations in the report.

During the debate and in response to questions, the Committee was advised that details of the potential income from the sale of any of the assets would be sent to Members in confidence; that the sale of land to the rear of Tesco in Warley Hill would be considered at the January 2018 PPR meeting and that decisions relating to assets owned by the Assizes Trust would be made by Trustees.

Cllr Hossack requested the land at Wash Road be added to the list as he believed the Scout troop that met there might be interested in buying it.

Cllr Mrs McKinlay reminded committee members that delegated authority to the cross-party group was already in place so that decisions on the sale of some assets could be made but decisions relating to significant assets would be considered by the Committee.  Progress could be tracked as Asset Development Programme Update would be a standing agenda item for future PPR meetings.

Regarding Land at End of Alfred Road included on List 1, due to previous problems experienced by residents, Cllr Barrett requested and it was agreed by the Committee, that this asset be moved to list 2. 

Cllr Keeble asked to be consulted regarding Land Adjacent to Tipps Cross Village Hall on List 2.

Following a full discussion a vote was taken on a show of hands and it was

RESOLVED

1.    To note the progress of the Asset Development Programme Project Board. 

2.    To approve the disposal of assets as identified and agreed at the Committee meeting.

Reasons for recommendations

The next stage in the project was to consult with the market and to identify any early quick successes.