Issue - decisions

It is resolved that:

(A)        Council approve the cash and revenue foregone/value-in-kind recommendations for the Knowledge Exchange Sponsorship Program as per Attachment A to the subject report; 

(B)        Council note the applicants who were not successful in obtaining a cash grant for the Knowledge Exchange Sponsorship Program as per Attachment B to the subject report;

(C)       Council note that expenditure for the Knowledge Exchange Sponsorship program approved in this report exceeds the nominated budgets for the 2020/21 financial year outlined in the Operational Plan, however any overspend will be offset in full by savings in the overall Grants and Sponsorship Program budget, so that the total amount of expenditure under the overall Grants and Sponsorship Program budget will not be exceeded;

(D)       Council approve the altering of the 2020/21 budget for the Knowledge Exchange Sponsorship Program from $772,000 to $822,586;

(E)        Council note that all grant amounts are exclusive of GST and all value-in-kind offered is subject to availability;

(F)        authority be delegated to the Chief Executive Officer to negotiate, execute and administer agreements with any organisation approved for a grant or sponsorship under terms consistent with this resolution and the Grants and Sponsorship Policy; and

(G)       authority be delegated to the Chief Executive Officer to correct minor errors to the matters set out in this report, noting that the identity of the recipient will not change, and a CEO Update will be provided to Council advising of any changes made in accordance with this resolution.

Carried unanimously.

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