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Draft strategy on City of Marion property assets now open for public comment

Posted:
Thursday 15 Sep 2022
Please note the content of this news item is over six months old and may no longer be current.
Co MPAS image

The City of Marion is seeking community views on a new strategy to prioritise the spending on Council buildings over the long-term and deliver the best value to ratepayers.

Called CoMPAS (City of Marion Property Asset Strategy), this evidence-based methodology examines the benchmarks and local influences that impact future demands on all 176 council-owned building assets over a 10-year time frame.

CoMPAS considers factors such as location, current condition, accessibility, and usage as well as wider influences such as changing demographics, population growth, community expectations, services standards, and emerging trends

The strategy aims to inform future Council decision-making about prioritising spending on assets to maximise the value to ratepayers over the long term.

This structured approach will support Council with planning for likely investment needs, including asset refurbishment, redevelopment, land and property acquisition, or asset disposal.

CoMPAS has also been prepared to support flexible decision-making so Council can respond to new partnership opportunities or grant funding opportunities that may arise across the next decade.

The draft CoMPAS 2022-2032 Report for Community Consultation Report is now open for public feedback. Survey submissions close at 5 pm, Monday, October 24.

More information is available on Council’s www.makingmarion.com.au website.