Issue - meetings
Asset Disposal and Capital Receipts Generated 2015/16
Meeting: 13/07/2016 - Audit Committee (Item 10)
10 Asset Disposal and Capital Receipts Generated 2015/16 
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Additional documents:
Decision:
That the report be noted.
Minutes:
The Chief Officer (Organisational Change) presented the report on total asset disposals in 2015/16. He explained that the majority of the capital receipts generated during the period were from agricultural assets due to a range of reasons. In summarising the report, he said that the information had been provided on a ward by ward basis and that this linked to the Council’s combined Capital Strategy and Asset Plan.
Councillor Glyn Banks asked whether overages were included as a future safeguard. The Chief Officer said that this was the case where possible and appropriate, together with negotiated restrictive covenants to protect the Council’s interests. When questioned about the risk management section of the report, it was pointed out that the information in the report was retrospective.
RESOLVED:
That the report be noted.