It is resolved that:
(A)
Council approve a cash sponsorship of $85,000 (excluding
GST) per annum for two years to International Management Group of America Pty
Limited (IMG) for Australian Fashion Week 2022 and 2023;
(B)
Council approve a cash sponsorship of $150,000
(excluding GST) and $20,000 value in kind for the use of civic spaces and City
venues for one year, to Vogue Australia (News Corp Australia Pty Limited) for
Vogue Fashion’s Night Out 2021; and
(C)
authority be delegated to the Chief Executive
Officer to negotiate, execute and administer sponsorship agreements with each
of the applicants above.
Carried unanimously.
S104486.012