Decision Maker: Executive, Council
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
Report on the Corporate Asset Maintenance.
RECOMMENDED that Council:-
(1) approve the identified budgets for each project to ensure good asset management;
(2) approve the additional budget required for 2020/21 and note the annual funding requirements for future years, forming the basis of the capital programme for the next four years as detailed in the report, for approval in February 2021; and
(3) note the significant overall cost of £37.5 million and approve an asset review programme to identify potential surplus assets, which may be made available for sale in order to finance the programme of works.
Reason for Decision: As set out in the report.
Report author: Michael Carson
Publication date: 07/10/2020
Date of decision: 06/10/2020
Decided at meeting: 06/10/2020 - Executive