Purpose

To provide a recommended 2025-2028 Strategic Asset Management Plan for agreement on management of the Council’s property policies.

Decision

DECISION: The Cabinet agreed to:

1. Approve the Strategic Asset Management Plan 2027-2032 attached at Appendix 1.

1. Delegate authority to the Executive Director responsible for Property, in consultation with the Cabinet Member for Assets and Culture, to approve annual delivery plans and make non-material amendments to the Strategic Asset Management Plan where necessary.

1. Note that all acquisitions, disposals, capital investment projects, estate rationalisation proposals and other asset decisions arising from the Strategic Asset Management Plan will continue to be subject to separate approvals in accordance with the Council's Constitution and governance arrangements.

1. Note that progress against the Strategic Asset Management Plan will be reported annually through the Council's governance arrangements.