ASSETS
MANAGEMENT & ECONOMIC DEVELOPMENT CABINET COMMITTEE REVISED
TERMS OF REFERENCE
This
Committee was formerly known as North Weald Airfield and Asset
Management Cabinet Committee and changed its name in the
18th October 2013.
Membership
The
Committee is chaired by the Portfolio Holder for Asset Management
& Economic Development and a Vice-Chairman will be appointed by
the Leader of Council from members of the Cabinet.
Management of the Council-Owned Property
Assets
To
consider and make recommendations to the Cabinet, on proposals
brought forward by the officers’ Asset Management
Co-ordinating Group in respect of Council-owned property assets
which are suitable for disposal, redevelopment or rationalisation
in order to secure a financial return to the Council or an
improvement in service provision.
North Weald Airfield
To
monitor and submit recommendations to the Cabinet as appropriate
on:
(a) strategic land
use issues relating to the future development of the
Airfield;
(b) strategic
matters relating to the business, recreational and other activities
conducted there;
(c) proposals for
the part redevelopment or part disposal of the Airfield or its
disposal; and
(d) proposals for
the generation of additional income from aviation and other
activities at the Airfield.
The
Committee’s terms of reference shall not extend to
decision-making on existing Council activities on the site which
shall remain the prerogative of the relevant Portfolio Holders
within the Cabinet or the Cabinet itself.
In
carrying out its responsibilities under 2.4 above, the Cabinet
Committee shall have regard to
(i)
the impact of the LDF Spatial Strategy as it develops;
(ii) the
opportunities for disposing of property where it is in the best
interest of the District for these to be transferred to more
appropriate ownership or disposed of by leasehold in order to
secure a financial return to the Council;
(iii)
the suitability of sites for transfer to registered social
landlords;
(iv)
partnership schemes which would either assist in the delivery of
infrastructure projects or unlock the potential of property
holdings of partner bodies.
Economic Development
To make
recommendations to the Cabinet on an Economic Development Strategy
for the District and on ways of co-ordinating the management of the
Council’s property assets to assist with achieving the
objectives of that Strategy.