Decision details

The Cabinet considered the report of the Head of Corporate Resources that provided details of the Asset Management Strategy and the Asset Disposal Policy which set out the vision and aspirations for the effective management of the Council’s corporate asset portfolio and the role it played in supporting and shaping the Council’s agenda for the 2030 vision; that aside from its staff, the Council's next biggest resource was its land and property therefore it was vital that this resource was managed and used effectively and efficiently to ensure that the Council derived maximum benefit from its assets in support of its strategic aims and priorities; and that the Asset Management Strategy would provide a framework for the planning, prioritisation, management and funding of the Councils asset base whilst the Asset Disposal Policy would provide a framework for the disposal of the Council’s assets as they were declared surplus and when deemed appropriate.

Decision Made:

That the Council be recommended to approve the Asset Management Strategy and Asset Disposal Policy as set out in the report.

Reasons for Decision:

The Asset Management Strategy & Asset Disposal Policy are key documents for Sefton Council which sets out key parameters in respect of the delivery of an efficient and effective property portfolio.

Alternative Options Considered and Rejected

None.