It is resolved that:
(A) Council note the continuation of the current Accommodation Grant leases and licences for the 76 tenants that have met the performance criteria of their Accommodation grants and are continuing in the Program;
(B) Council approve an Accommodation Grant for Sydney School of Arts and Humanities Pty Ltd for Abraham Mott Activity Centre, Space 1 and 2, 15a Argyle Street, Millers Point, for a period of 1 year from 1 July 2020 to 30 June 2021 as outlined below, noting that all amounts are per annum:
|
|
Market Rental Value |
Grant Subsidy |
Grant Amount |
Rent to be paid |
|
Year 1 |
$12,566 |
55% |
$6,911.30 |
$5,654.70 |
and
(C) authority be delegated to the Chief Executive Officer to negotiate, execute and administer agreements with any organisation approved for an Accommodation Grant on terms consistent with this resolution and in accordance with the Grants and Sponsorship Policy.
Carried unanimously.
S117676