Decision details

RESOLVED:  1)         That the Borough Council of King’s Lynn and West Norfolk policy and statutory process for Assets of Community Value, as attached to the report, be approved.

2)         That the material update to the policy of changing the delegation to authorise Assets of Community Value from council officer to Portfolio Holder in consultation with the Executive Director of Place and relevant ward members be noted.

3)            That delegated authority be given to the Monitoring Officer to make future non-material updates to the policy (non-material definition – amendments which will not significantly change the policy but will update in line with legislative changes or will achieve improvements to the process).

Reason for Decision

1)            To approve the revised policy on Assets of Community Value to amend the decision-making process to reflect current Portfolio arrangements.

2)            To enable non-material amendments to the policy to be made without the need for Cabinet and full council authority.