Grants and Sponsorship - Amended Grant Application - Affordable and Diverse Housing Fund - RJ Williams Redevelopment, Glebe

20/11/2023 - Grants and Sponsorship - Amended Grant Application - Affordable and Diverse Housing Fund - RJ Williams Redevelopment, Glebe

It is resolved that:

(A)      Council note its resolution on 14 December 2020 to approve a $3 million (excluding GST) cash grant to Wesley Community Services Limited to support the redevelopment of the RJ Williams building located at 274-276 Glebe Point Road, Glebe for the purpose of affordable housing provided that if the project changed from the proposal reported at that time Council reserved the right to withdraw the grant offer;

(B)      Council note the modification of consent approval for the RJ Williams property located at 274-276 Glebe Point Road, Glebe to develop 56 new rooms for the purposes of affordable housing;

(C)      Council confirm the $3 million (excluding GST) cash grant through the Affordable and Diverse Housing Fund to Wesley Mission for the development of the RJ Williams building located at 274-276 Glebe Point Road, Glebe for the purpose of affordable housing in accordance with information contained in Attachment C to the subject report;

(D)      Council note that the grant amount is exclusive of GST;

(E)      Council confirm that the resolutions made on 14 December 2020 continue to apply;

(F)      authority be delegated to the Chief Executive Officer to negotiate, execute and administer the agreement with Wesley Mission approved for a grant 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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