Grants and Sponsorship - Accommodation Grants Program - ReadyMade Works Incorporated

Decision Maker: Council

Decision status: Recommendations Determined

Decision:

It is resolved that:

(A)      Council approve the new subsidy and grant level for ReadyMade Works Incorporated at Level 1, 247-257 Bulwara Road Ultimo for the remaining months of the current lease on the following rental subsidy:

 

Market Rental Value

Grant Subsidy

Grant Amount

Rent Payable

Pro rata Year 5 01/01/2026 - 30/06/2026   (180 days)

$44,404

100%

$44,404

$0

(B)      Council approve the backdating of this subsidy to commence from 1 January 2026;

(C)      authority be delegated to the Chief Executive Officer to enter into any documentation required to vary the lease to reflect the new rental subsidy; and

(D)      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.

Carried unanimously.

S118918

 

Report author: Amanda Buckland

Publication date: 23/02/2026

Date of decision: 23/02/2026

Decided at meeting: 23/02/2026 - Council

Accompanying Documents: