The Council is undertaking a fundamental review of the Corporate Asset Management Plan and related plans, policies and strategies relating to asset management, to ensure a single comprehensive Strategy is delivered, which sets out how the Council will manage its diverse range of assets.

That the draft Strategic Asset Management Plan 2021 ~ 2026, set out at Appendix 1 to the submitted report, be published for consultation as part of the consultation on the proposed budget for 2022 / 2023. 

It was intended that Torbay Council’s Strategic Asset Management Plan will define the principles, criteria and processes through which decisions will be made regarding the use of Council assets.

There were no other options considered.

This decision will come into force immediately so as to commence the consultation process.

The draft Strategic Asset Management Plan 2021 ~ 2026 sets out the Council’s approach to the strategic management of its assets, how it will support service delivery, provide the Council with income and how it will fulfil its mission to support, enable and empower its residents, our communities, and our partnerships, promote growth and place shaping within Torbay; and deliver the Torbay Community and Corporate Plan 2019 ~ 2023 One Torbay: Working for all.

At the meeting Councillor Long proposed and Councillor Morey seconded a motion that was agreed unanimously by the Cabinet, as set out above.

None.