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Assets of Community Value: Nomination Form ContentsBackground The Loyalism Act 2011 and the Community Right to Bid 2 Section 1 Instructions for completing the form 2 Section 2 About your community
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How to fill out assets of community value

01
Identify the assets of community value, which may include historical landmarks, public parks, community centers, and cultural institutions.
02
Gather information about each asset, such as its location, historical significance, and current condition.
03
Determine the ownership of each asset and establish contact with the appropriate authorities or organizations responsible for its maintenance and management.
04
Prepare a comprehensive inventory of the assets, categorizing them based on their type and importance to the community.
05
Develop a strategy for the preservation, promotion, and enhancement of the assets, taking into account the community's needs and priorities.
06
Seek public input and involve community stakeholders in the decision-making process regarding the assets.
07
Create a management plan for each asset, outlining maintenance procedures, funding sources, and potential partnerships.
08
Implement the management plan by allocating resources, engaging volunteers, and collaborating with relevant stakeholders.
09
Regularly monitor the assets' condition and make necessary adjustments to the management plan as needed.
10
Continuously promote and raise awareness about the assets of community value to ensure their long-term sustainability and appreciation by the community.

Who needs assets of community value?

01
Local residents who benefit from the assets, such as parks for recreational activities or community centers for social gatherings.
02
Tourists and visitors who can appreciate and contribute to the local economy through their interest in the assets.
03
Community organizations and non-profits that can utilize the assets for educational programs, cultural events, or fundraising activities.
04
Government entities responsible for urban planning, development, and the preservation of community heritage.
05
Future generations who can inherit and enjoy the assets as part of their cultural and historical identity.

What is Assets of Community Value: new res under the Localism ... Form?

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Assets of community value refer to properties, resources, or funds that hold significance or benefit to the community as a whole.
Certain organizations or entities, such as non-profits or local governments, may be required to file assets of community value.
Assets of community value can typically be filled out through a designated form provided by the relevant authority or organization.
The purpose of assets of community value is to identify and protect valuable assets that contribute to the well-being of the community.
Information such as the description of the asset, its location, value, and its importance to the community may need to be reported on assets of community value.
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