Licence Approval - Sydney Gay and Lesbian Mardi Gras Ltd

Decision Maker: Council

Decision status: Recommendations Determined

Decision:

It is resolved that:

(A)      Council approve a 100 per cent subsidy to Sydney Gay and Lesbian Mardi Gras Ltd to licence Suite 9.02, Level 9, 309 Pitt Street, Sydney for two years commencing on 1 September 2024 in accordance with section 356 of the Local Government Act 1993 on the terms (incorporating all outgoings and utilities):

Licence Term

Market Rental Value per year

Subsidy (Rounded)

Subsidy Amount for 2 years

Rent to be paid

1 September 2024 - 31 August 2026

$128,865 

100%

$257,730 

$0

(B)      authority be delegated to the Chief Executive Officer to enter into a licence agreement with Sydney Gay and Lesbian Mardi Gras Ltd on the terms of these resolutions;

(C)      authority be delegated to the Chief Executive Officer to correct minor errors to the matters set out in this report, noting that the identity of the recipient will not change, and a CEO Update will be provided to Council advising of any changes made in accordance with this resolution; and

(D)      Council note that in relation to the recovery package for Sydney Gay and Lesbian Mardi Gras Ltd approved by Council on 13 May 2024, payment of the initial portion of the 2024/25 grant occurred upon receiving the acquittal report from the 2024 Festival, with the balance to be paid upon receipt of the full independent financial and operational audit for ongoing operations.

Carried unanimously.

S095194.009

 

Report author: Sasha Baroni

Publication date: 19/08/2024

Date of decision: 19/08/2024

Decided at meeting: 19/08/2024 - Council

Accompanying Documents: