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Lease Approval - Level 18, Town Hall House - 456 Kent Street, Sydney

09/09/2019 - Lease Approval - Level 18, Town Hall House - 456 Kent Street, Sydney

It is resolved that:

(A)        Council approve the granting of a lease to JTB Oceania Pty Ltd for Level 18, Town Hall House, 456 Kent Street, Sydney. The proposed new lease is for a five-year term, with an additional option term of three years which would extend JTB Oceania Pty Ltd tenure until 30 September 2027; and

(B)        authority be delegated to the Chief Executive Officer to negotiate, execute and administer the terms of the lease, including in relation to exercise of the option term, in accordance with Attachment A to the subject report.

Carried unanimously.

S080757