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Decision details

Update on the Asset Management Strategy 2017-2022

Decision Maker: Executive

Decision status: Decision Made

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Purpose of Report to set out the progress against the delivery of the Asset Management Strategy for the Council for the period 2017-2022. The report will set out work undertaken over the last 3 years to deliver the strategy.
The report will review the strategic objectives set out in the strategy to reflect the impact of COVID 19 and the developing agenda around sustainability.
The report will also set out the process for considering future use of council assets and a series of business cases and proposals for lease disposal and acquisition to deliver further strategic benefits to the City Council.

The Executive will be asked to review the objectives in the Strategy and consider business cases for lease disposal or acquisition of assets.

Decision:

Resolved:  (i)      That the amended revisions to the Strategy be approved, and adopted to shape future asset decisions for which this report will form the ‘Corporate Asset Strategy 2020-2025’.

 

                   (ii)      That the position on the land forming the river bank adjacent to Scarborough Bridge, as set out in the report, be noted.

 

                   (iii)     That approval be given to dispose of Oakhaven for the consideration set out in Annex 1 to the report in an off market sale with a backstop date for completion of 12 weeks and, should this backstop date not be achieved, to bring a further report back to Executive.

 

                   (iv)    That a viability appraisal be undertaken on the potential disposal of the Morrell House site as part of the Self Build programme and that a further report be brought to Executive to agree the disposal route.

 

                   (v)     That approval be given to dispose of the following properties / interests:

a)   Land at Lingcroft Lane, Naburn;

b)   2 former herdsmens’ cottages (103 Heslington Road and 159 Mount View), to be disposed of on the open market.

 

(vi)    That approval be given to release £120k from the HRA Housing Delivery Programme development fund into the capital budget to review Willow House and the adjacent estate, undertake public engagement and develop an outline business case for development within the Housing Delivery Programme.

 

(vii)    That approval be given to release £150k from the CYC York Central budget to review the council’s land holding on York Central, and develop an outline business case for development within the Housing Delivery Programme.

 

(viii)   That approval be given to lease 29 Castlegate as part of the commercial portfolio and to use the existing capital budget of £270k to undertake maintenance repairs to the property.

 

(ix)    That approval be given to lease the Guildhall Business Centre to the University of York / York Science Park Ltd. on the terms set out in the report, and that authority be delegated to the Corporate Director of Economy & Place (in consultation with the Director of Governance) to take such steps as are necessary to complete the list.

 

(x)     That approval be given to purchase the existing Haxby Ambulance station site within the agreed budget should it become available for sale within seven years of the transfer of Haxby Hall.

 

(xi)    That, should the purchase and lease to Yorkare of the ambulance station site proceed, its permitted use be restricted to a residential home within Use Class C2 of the Town and Country Planning (Use Classes) Order 1987, or use(s) ancillary to the operation of Haxby Hall as a residential home, for a period of at least 25 years from the transfer of Haxby Hall.

 

(xii)    That approval be given to dispose of the council’s shareholder interest in York Science Park Ltd. for £500k, and that authority be delegated to the Corporate Director of Economy & Place (in consultation with the Director of Governance or her delegated officers) to take such steps as are necessary to complete the disposal.

 

(xiii)   That the performance of the commercial portfolio in respect of the impact of Covid-19 be noted.

 

Reasons:   a)      To establish clear principles to guide and shape future use of the council’s assets and to continue to carry out a programme of proactive work to shape the commercial and operational property portfolio further.

 

b)   To support the ongoing economic vibrancy of the city while increasing the income from the council’s commercial property portfolio.

 

Report author: Tracey Carter

Publication date: 27/11/2020

Date of decision: 26/11/2020

Decided at meeting: 26/11/2020 - Executive

Effective from: 01/12/2020

Accompanying Documents:

 

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