Agenda item

Major Works Maintenance Forecasting and Gap Funding - Operational Property Portfolio

Minutes:

The City Surveyor reported on major works maintenance forecasting and gap funding - operational property portfolio.

 

A Member raised the matter of sustainable buildings and zero carbon emissions and the City Surveyor undertook to bring these concerns to the attention of the project group.

 

RESOLVED – That

 

a)    the Sub Committee notes the potential funding requirement for the prioritised major works maintenance across the operational estate due from 2020/2021, and within the next 5 years, and that this requirement will be subject to future prioritisation and the subsequent Annual Capital Bid Process;

 

b)    approval be given in principle to a major works maintenance bid for the LMA, at an estimated sum of £3.22m, which will be subject to the Annual Capital Bid Process this year and the fundamental review;

 

c)    a further report on CWP minor works maintenance be submitted to the Sub Committee in the Autumn this year; and

 

d)    the requirement for a strategy of rationalisation of the operational estate, to help reduce the potential running costs including maintenance liability going forward, be reaffirmed.