Issue - meetings

This report presents a draft Corporate Asset Management Plan for the period 2007-2012 and asks Members to consider approving and adopting the Plan.

RESOLVED: That the Corporate Asset Management Plan 2007-2012, attached as Annex A to the report, be approved and adopted for the City of York Council.

REASON:      To ensure a consistent, Council-wide approach to the process of asset management, which accords with best practice.

Members considered a report which asked them to consider approving and adopting a Corporate Asset Management Plan (AMP) for the Council for the period 2007-2012.

The Council had adopted a corporate approach to the management of its property assets for several years and it was now a requirement of the comprehensive performance assessment (CPA) to have a Corporate AMP.  Together with the capital strategy approved by the Executive on 12 September 2006, the Corporate AMP formed one part of the Council’s Asset Management Planning Structure. 

The draft AMP attached as Annex A to the report had been prepared in consultation with members of the Corporate Asset Management Group, Property Services, section heads, Corporate Finance and other stakeholders.  Once approved, it would be reviewed annually and the results reported to the Executive.

It was noted that the list of assets set out in Table C in the draft AMP was now out of date.  An updated list would be inserted prior to formal publication of the AMP.

RESOLVED: That the Corporate Asset Management Plan 2007-2012, attached as Annex A to the report, be approved and adopted for the City of York Council.

REASON:      To ensure a consistent, Council-wide approach to the process of asset management, which accords with best practice.