Decision details

With reference to article 25 of the minute of the meeting of the Finance and Resources Committee of 28 September 2010, the Sub Committee had before it a report by the Director of Enterprise, Planning and Infrastructure which sought consideration of the Council’s aerial and telecommunications sites with a view to establishing a strategy for the management and maximising potential from this asset group in the future.

The report recommended –

that the Sub Committee –

(a)       approve the continued effective management of the leased aerial and telecommunications investment portfolio with a view to maximising rental income;

(b)       instruct the Head of Asset Management and Operations, in the medium term, to assess the options again with a view to establishing whether any changes in economic or technological factors were affecting the Council’s aerial and telecommunications investment portfolio interests; and

(c)        agree that where possible, the Head of Asset Management and Operations continue to explore all avenues of income generation for this asset group.

The Sub Committee resolved:-

to approve the recommendations.