Issue - meetings

Report of Head of Regeneration and Housing

Purpose of report

To update the Executive on the progress of the priority actions arising from the Asset Management Strategy Review as reported in December 2014 and as part of the 2015/16 budget process.

Recommendations

The meeting is recommended:

1.1         To note the updates on the priority actions arising from the Asset Management Plan set out in exempt Appendix 1 and to approve the recommendations set out therein.

1.2         To note the further progress associated with re developing The Hill Youth and Community Centre and note the full capital cost to complete the replacement of the current facility indicated in the exempt Appendix 1.

1.3         To note the Expression of Interest made to Sport England and the Lottery Fund to support the redevelopment of the Hill Youth and Community Centre, details of which are contained in the exempt Appendix 1.

1.4         To note and approve the latest position in respect of the Bolton Road car park facility and the revised financial position contained in the exempt Appendix 1.

1.5         To support the necessary work through the Accommodation Asset Strategy Board to conclude an investment and disposal strategy for core and noncore assets to enable the Executive to consider and approve the Strategy by April 2016 with the costs associated with completing this work to be met from the approved additional resources of £100K available to deliver action plan objectives.

Resolved

(1)          That the updates on the priority actions arising from the Asset Management Plan set out in exempt Appendix to the report (exempt annex to the Minutes as set out in the Minute Book) and the recommendations set out therein be approved.

(2)          That the further progress associated with re-developing The Hill Youth and Community Centre and the full capital cost to complete the replacement of the current facility be noted.

(3)          That the Expression of Interest made to Sport England and the Lottery Fund to support the redevelopment of the Hill Youth and Community Centre be noted.

(4)          That the latest position in respect of the Bolton Road car park facility and the revised financial position (exempt annex to the Minutes as set out in the Minute Book) be noted and approved.

(5)          That the necessary work through the Accommodation Asset Strategy Board to conclude an investment and disposal strategy for core and noncore assets to enable the Executive to consider and approve the Strategy by April 2016 with the costs associated with completing this work to be met from the approved additional resources of £100K available to deliver action plan objectives be supported.

The Head of Regeneration and Housing submitted a report to update the Executive on the progress of the priority actions arising from the Asset Management Strategy Review as reported in December 2014 and as part of the 2015/16 budget process.

Resolved

(1)          That the updates on the priority actions arising from the Asset Management Plan set out in exempt Appendix to the report (exempt annex to the Minutes as set out in the Minute Book) and the recommendations set out therein be approved.

(2)          That the further progress associated with re-developing The Hill Youth and Community Centre and the full capital cost to complete the replacement of the current facility be noted.

(3)          That the Expression of Interest made to Sport England and the Lottery Fund to support the redevelopment of the Hill Youth and Community Centre be noted.

(4)          That the latest position in respect of the Bolton Road car park facility and the revised financial position (exempt annex to the Minutes as set out in the Minute Book) be noted and approved.

(5)          That the necessary work through the Accommodation Asset Strategy Board to conclude an investment and disposal strategy for core and noncore assets to enable the Executive to consider and approve the Strategy by April 2016 with the costs associated with completing this work to be met from the approved additional resources of £100K available to deliver action plan objectives be supported.

Reasons

It is important that adequate resource and specialist reviews are being undertaken in order to inform the work programme, capital programme and current strategic development projects.

Alternative options

There is an option not to consider this update and identified financial outcomes. This is not recommended as a number of priority actions require resource updates now as they will impact on other Council projects and priorities when the 2016/17 budget priorities are subsequently considered.