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AGENDA ITEM 4
BOROUGH OF POOLE
CABINET
6 November 2007
PROPERTY STRATEGY AND CORPORATE ASSET MANAGEMENT PLAN 2007/8:
REPORT OF THE PORTFOLIO HOLDER FOR RESOURCES
1. Purpose of Report
1 .1 To gain Cabinet approval for the Corporate Property Strategy, the Corporate Asset
Management Plan 20007/8 and for a series of actions to improve the Council’s
management of its property assets.
2. Decisions Required
2.1 That Cabinet approve the Corporate Property Strategy and recommend its approval
to Council.
2.2 That Cabinet approve the Corporate Asset Management Plan 2007/8.
2.3 That Cabinet agree the draft Action Plan identified as Appendix A to the attached
Report.
3. Background
3.1 On 1 8 October 2007 Resources and Overview Group received a report entitled
Property Strategy and Corporate Asset Management Plan 2007/8. That report is
attached. Resources Overview unanimously agreed the recommendations
contained within paragraph 2 to that report.
3.2 The Report sets out the purpose of the Property Strategy, identifies high level aims
and objectives and introduces guiding principles of asset management. The
Corporate Asset Management Plan identifies more detailed principles of the
council’s approach to asset management, articulating clear roles and responsibilities
and identifying governance arrangements. The Plan goes on to identify particular
methods the council intends to utilise and gives a medium level view of planned
activity of a property related type to be undertaken in 2007/8.
3.3 The Property Strategy and Corporate Asset Management Plan 2007/8, together with
an accompanying report regarding Asset and Property Management, signal a
significant change in how the council intends to manage its property portfolio. The
strategic importance of property assets as a means to support the delivery of the
council’s objectives is acknowledged. The requirement to act corporately in order to
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