Issue - meetings

The report of the Executive Manager – Transformation is attached.

It was RESOLVED that Cabinet supports the Asset Management Strategy and recommends it to Council for approval.

The Portfolio Holder for Business and Transformation presented the report of the Executive Manager – Transformation providing an update on the Council’s Asset Management Plan.

The Portfolio Holder for Business and Transformation stated the importance of ensuring that the Council maintained an extensive and diverse range of assets. The Asset Management Strategy sought to align the asset portfolio with the requirements of the organisation, for the benefit of the community. The Governance Scrutiny Group had considered the Asset Management Strategy at its meeting in December 2019, and it would be submitted to Council in July for approval.  

In seconding the recommendation, Councillor Moore referred to the importance of managing and protecting assets on behalf of the community and thanked the Executive Manager – Transformation and her team for the report.

Councillor Robinson noted the diversity of the Council’s assets and the challenges faced to maintain them. It was vital that the Council’s assets were fit for purpose and delivered value for money. The Council’s sound financial planning allowed for investment in both newly acquired assets and the Council’s own assets.

It was RESOLVED that Cabinet supports the Asset Management Strategy and recommends it to Council for approval.