Asset & Estate Management, Sport, Leisure and Culture Cabinet Member – Minutes – 23 February 2012

41  (41) POLICY FOR MARKETS IN NORTH LINCOLNSHIRE – The Director of Infrastructure Services submitted a report seeking approval for a policy for markets in North Lincolnshire.

On 3 January 2012, a report was submitted to the Cabinet Member considering the implementation of a policy for markets in North Lincolnshire (minute 33 refers).   A policy was required in order to allow the council to set up new markets or give someone permission to do so.  As there was currently no policy in place the quality and number of markets across North Lincolnshire could not be regulated.

It was felt that a markets policy would help protect consumers and provide a higher standard of quality, it was important that markets across North Lincolnshire were safe places to shop and trade.

Resolved – (a) That the Markets Policy be approved and adopted as a pilot with effect from 1 April 2012, and (b) that a further report be submitted after six months for further consideration.

The following items contain exempt information as defined in paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972 (as amended).

42  (42) ALLOCATION OF PROPERTY TRADING ACCOUNT FUNDS ANNUAL STRATEGY DOCUMENT – The Director of Infrastructure Services submitted a report seeking to provisionally allocate Property Trading Account (PTA) funds to development schemes, and to approve the progression of schemes listed in Appendix 1 to the report.

The council’s Industrial/Commercial Property Management and Development Policy allowed the use of the PTA funds for development schemes which were linked to the council’s wider Regeneration Agenda and Priority Framework.

The policy required the production of an annual strategy document reviewed at six monthly intervals, to approve and report on the proposed schemes and projects.

Most schemes were property related and would usually involve a period of negotiation to achieve good value for money.  Approved funding was essential for that to happen.  Negotiations would result in a legal commitment by the council.  Some schemes could depend on the approval of external funding before they began.  In order to begin or continue negotiations, funds were required to be provisionally allocated against proposed schemes.

Resolved – (a) That PTA funds against the proposed development schemes listed in Appendix 1 to the report, be allocated, and (b) that the Director of Infrastructure Services be authorised to progress negotiations to implement the approved schemes.

43  (43) INDUSTRIAL/COMMERCIAL PROPERTY ROLLING PLAN – The Director of Infrastructure Services submitted a report setting out the estimated Capital and Revenue position of the Industrial/Commercial Property budget (including the Property Trading Account) for the next five years.

The Industrial/Commercial Property Management Strategy contained a requirement to provide a three to five year plan (reviewed annually) for approval by the Cabinet Member.  This was in order to inform the council’s budget management process.  It set out the current capital and revenue position and outlined proposals for capital investments and revenue budgets for future years.

The report gave details of what was reflected in relation to capital and revenue income and expenditure.

Resolved – That the Financial Plan relating to the council’s Industrial/Commercial Property, as attached at Appendices 1 and 2 to the report, be approved.

44  (44) PROPERTY TRANSACTION SCHEDULE – The Director of Infrastructure Services submitted a report for consideration, and where necessary, approval of a schedule containing the terms of all recently negotiated property transactions.

The schedules covered both operational and commercial property.

Resolved – That the schedule appended to the report be approved.

45  (45) STARGAZING LIVE – The Director of Infrastructure Services submitted an oral report detailing the recent success of the Stargazing LIVE event that was held at Waters’ Edge on Monday 16 January 2012.  Waters’ Edge was invited by the BBC to host a partner event as part of a national week of activities to mark the new series of the BBC 2 programme.

Resolved – That the success of the recent Stargazing LIVE event be acknowledged.

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Where there is no report this is because it is exempt, as it contains information which is considered to be of a confidential nature, as detailed in the Local Government (Access to Information) Act.

Reports