This report recommends the Board to recommend Council to adopt the Asset Management Plan for 2011-14 into the Policy Framework.

The Head of Corporate Assets submitted a report (previously circulated, now appended).

Scrutiny comments made earlier in the meeting were noted (minute 21 refers) and amendments made in the light of them.

Councillor Campbell made an additional address to the meeting, expressing concern about higher energy costs for the water supply and the need for a “visioning initiative” for the Covered Market.  City Executive Board noted his comments.

Resolved to approve the Asset Management Plan 2011-14 for adoption by Council.