It is resolved that:
(A)
Council note the current and upcoming work of
the City of Sydney in the Tech Central innovation precinct;
(B) Council approve the ongoing financial contribution to the University of Sydney of $50,000 (exclusive of GST) per year for two years as the City's contribution towards the cost of an officer to provide secretariat and coordination support for the Camperdown Ultimo Alliance, which is coordinated and managed by University of Sydney;
(C) Council approve the financial contribution of $39,000 (inclusive of GST) as the City's contribution towards the Camperdown Structure Plan, which is coordinated and managed by Inner West Council;
(D) authority be delegated to the Chief Executive Officer to negotiate, finalise and administer contracts with the University of Sydney in respect of the contribution referred to in (B) above and Inner West Council in respect of (C) above; and
(E) Council continue to promote the importance of community engagement among all partners and projects owners within the precinct and work with those stakeholders to provide information for the community about what is happening in Tech Central overall.
Carried unanimously.
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