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Community Right to Bid Assets of Community Value North Steven District Council, District Council Offices Steven Street, Seafood, Lincolnshire, NG34 7EF t. 01529 414155 f. 01529 413956 e. info Steven.gov.nomination
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How to fill out assets of community value

01
To fill out assets of community value, follow these steps:
02
Identify the assets that are considered as community value, such as public parks, community centers, libraries, and other public facilities.
03
Gather information about the assets, including their location, size, condition, and any relevant documentation.
04
Assess the current value of the assets, taking into account market value, replacement cost, and any potential depreciation.
05
Document the ownership of the assets, including the responsible government agency or department.
06
Record any encumbrances or restrictions on the assets, such as easements or conservation agreements.
07
Update the asset information regularly to reflect any changes in the assets' condition, ownership, or value.
08
Ensure proper maintenance and management of the assets to preserve their value for the community.
09
If required, involve community stakeholders in the process of filling out assets of community value to ensure their input and participation.
10
Store the asset information securely and make it accessible to the relevant authorities and community members as needed.

Who needs assets of community value?

01
Various stakeholders and entities may need assets of community value:
02
- Local government agencies responsible for urban planning, development, and administration of public facilities.
03
- Community organizations or non-profit groups advocating for the preservation and improvement of community assets.
04
- Residents and citizens who benefit from the use and enjoyment of community assets.
05
- Investors or developers looking to invest in or utilize community assets for commercial or social purposes.
06
- Real estate professionals or appraisers involved in valuing community assets for financial or legal purposes.
07
- Environmental organizations interested in protecting and conserving natural assets of community value.
08
- Researchers or scholars studying the impact of community assets on socio-economic development and well-being.
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Assets of community value are properties or resources that a community deems important for its social, cultural, or recreational well-being.
Property owners, developers, or government agencies may be required to file assets of community value depending on local regulations.
Assets of community value can typically be filled out through a designated form provided by the local government or community organization.
The purpose of assets of community value is to protect and preserve important community resources for the benefit of current and future generations.
Information required on assets of community value may include the location, description, and significance of the property or resource.
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