Contact: Nick Gibbins, ext 7544; [email protected]

1 Summary

1.1 The following decision is sought:

i) That the funding arrangements for the highway land assets project from 2004/05 capital receipts be approved

2 Reasons

2.1 The objective of the project is to increase the level of future capital receipts from the sale of surplus highways land and also to minimise future claims against the highway authority by more clearly identifying maintenance responsibilities, reduce the risk of loss of asset and improve levels of efficiency.

2.2 The project supports the corporate strategies relating to stewardship of the environment and improving services.

3 Other options considered and rejected - not applicable

4 Conflicts of interest declared by the decision maker or other Executive member consulted - none

5 Dispensation granted by the Standards Committee - none

6 Reason(s) for the matter being dealt with if urgent - not applicable

Approved by: Date:

Councillor T K Thornber

Executive Member for Policy and Resources