It is resolved that Council:
(A)
endorse the works described in the subject
report for the purpose of proceeding with design development and lodgment of
the Development Application, documentation and tender for construction works;
(B)
note the estimated development costs and
financial implications as outlined in Attachment B to the subject report; and
(C)
approve the increase in the overall project
budget and the transfer of funds from the Future Community and Recreational
Facilities allocation included in the future year forward estimates of the
City's Long Term Financial Plan, to meet the shortfall in the project's budget,
as outlined in Confidential Attachment B to the subject report.
Carried unanimously.
X023789