Issue - items at meetings - Asset Management Fund 2012/13

Report of the Strategic Director; Resources (copy attached).

249.1    Councillor J. Kitcat introduced the report  which detailed the capital fund for 2012/13 of £1m to support property improvements, property related Health & safety requirements and access improvements under the Equalities Act 2010.  He noted that it formed part of the Capital Strategy 2012/13 along with the Strategic Investment Fund of £0.25m and the ICT Strategy Fund of £0.5m.

249.2    Councillor Mitchell noted the report and queried whether the proposed disposal of the ex-school property in Loxhill, Portslade was appropriate at this time given the pressures for school accommodation in Portslade.

249.3    The Strategic Director; People stated that a full review of the property had been undertaken and it had be found to be unsuitable for the needs of the schools in the area or the LEA and therefore had gone forward for disposal.

249.4    The Chair then put the recommendations to the vote.

249.5    RESOLVED: That the recommended remaining allocation of AMF bids totalling £0.3 million, as detailed in items 2, 3 and 4 of paragraph 3.3 of the report be approved.