Decision details

That:

1)         the aim to transfer assets identified through Area Reviews to Towns, Parishes or Community organisations through a Model for Community Asset Transfer to be approved by the Task and Finish Group and presented to Executive in March 2016 be approved;

2)         it be recommended to Full Council, via the Constitution Review Working Group, that a change be made to the Constitution whereby following consultation with Services and Ward Members, approval for Community Asset Transfers under leases of 14 -30 years be delegated to the Director of Finances and Resources in consultation with the Executive Member for Regeneration and Communities, the Executive Member of the current service and Local Ward Members;

3)         it be noted that the use of these delegated powers is to be based on the overall financial benefit to the Council and to enable the best community use of property assets. In cases where it appears that a proposal is not in the Council’s best financial interest and/or the capital value of an individual asset exceeds £250,000, then they will be referred to Executive for approval.