City of Stirling Buildings Asset Managment Plan 2018 - 2028

5.5 Disposal plan Disposal includes any activity associated with disposal of a decommissioned asset, including sale, demolition or relocation. Assets identified for possible decommissioning and disposal are shown in Table 5.5, together with estimated annual savings from not having to fund operations and maintenance of the assets. These assets will be further reinvestigated to determine the required levels of service and the options available for alternate service delivery, if any.

Any costs or revenue gained from asset disposals are accommodated in the Long-Term Financial Plan. Where cash-flow projections from asset disposals are not available, these will be developed in future revisions of this asset management plan.

Asset

Reason for disposal

Timing Disposal expenditure

Club Exhibition Building (Waterloo St)

Master Plan

2019

$40,000

Bradley Reserve Toilet

Provision not required 2019

$15,000

Deanmore Pre-Primary School

Vacant

2019

$35,000

Agricultural Society Exhibition Area

Master Plan

2019

$40,000

Bar (Waterloo St)

Master Plan

2019

$10,000

Toilet (Female) (Park St)

Master Plan

2019

$10,000

Bar, Store and Kitchen (Royal St/Park St)

Master Plan

2019

$15,000

Toilet Robinson Reserve (Royal St)

Master Plan

2019

$15,000

Table 5.5 Assets identified for disposal

Buildings Asset Management Plan 2018 – 2028 | 49