Decision details

It is resolved that Council:

(A)       endorse the project scope for the renewal of Sydney Square, including proposed works on land owned by other parties, as described in the subject report for the purposes of proceeding with documentation, planning application, and tender for construction works;

(B)       note future Stage 2 works to be developed and undertaken at a later stage (currently estimated as being around 2032);

(C)       note the proposed principles for agreements to be made with Sydney Anglican Property for the development and future operation of Sydney Square as set out in Confidential Attachment C to the subject report, noting that these matters will be the subject of a future report to Council following negotiations between the parties; and

(D)       note the financial implications outlined in Confidential Attachment D to the subject report.

Carried unanimously.

X096111.001