Council wants assets dividends

MARIBYRNONG City Council is calling for feedback on a strategy to manage more than $590 million worth of assets.
The draft asset management policy and draft asset management strategy will be used to guide the investment and management of assets more effectively.
Maribyrnong has an asset portfolio of more than $590 million, including 190 buildings, 330 kilometres of roads, more than 350 kilometres of drains, more than 500 kilometres of footpaths, park assets and plan and equipment.
Mayor Sarah Carter said the revised policy, which was last updated in 2004, would provide vision, goals and a clear direction of how the council could achieve the best possible outcomes for the community.
“With ageing assets and a growing population needing new facilities and services, it is important to have a strong policy and strategy around managing council’s significant portfolio of assets,” Cr Carter said.
Council’s draft 2011 Asset Management Policy and draft Asset Management Strategy will be available for review until Friday 24 September at the Maribyrnong City Council Town Hall, corner Hyde and Napier streets in Footscray or by visiting www.maribrynong.vic.gov.au
Comments will be received until 30 September.

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