Moved by Councillor
Scott, seconded by Councillor Thalis –
It is resolved
that:
(A)
Council
approve an Accommodation Grant for Bicycle Garden Incorporated pertaining to
Beaconsfield Community Centre,169 Victoria Street, Beaconsfield for five years
on the following rental subsidy:
|
|
Market Rental Value |
Grant Subsidy |
Grant Amount |
Rent to be paid |
Conditions |
|
Year 1 |
$26,500 |
100% |
$26,500 |
$0 |
DA approval for operating day, times and activity |
|
Year 2 |
$27,295 |
100% |
$27,295 |
$0 |
|
|
Year 3 |
$28,114 |
85% |
$23,897 |
$4,217 |
|
|
Year 4 |
$28,957 |
85% |
$24,614 |
$4,344 |
|
|
Year 5 |
$29,826 |
85% |
$25,352 |
$4,474 |
(B) authority be delegated to
the Chief Executive Officer to negotiate, execute and administer the lease to
Bicycle Garden Incorporated on terms consistent with this resolution and in
accordance with the Grants and Sponsorship Policy.
Carried
unanimously.
S117676