Grants and Sponsorship - Economic Grants

24/06/2024 - Grants and Sponsorship - Economic Grants

It is resolved that:

(A)      Council approve the cash recommendations for the Business Sector Support Grant program as shown at Attachment A to the subject report;

(B)      Council note the applicants who were not recommended in obtaining a cash grant or value-in-kind for the Business Sector Support Grant program as shown at Attachment B to the subject report;

(C)      Council approve the cash and value in kind recommendations for the Innovation and Ideas Grant program as shown at Attachment C to the subject report except for the Innovation and Ideas Grant to Finding Infinity Pty Ltd;

(D)      authority be delegated to the Chief Executive Officer to determine the Innovation and Ideas Grant to Finding Infinity Pty Ltd, in accordance with Clause 5.13 of the City of Sydney Code of Conduct;

(E)      Council note the applicants who were not recommended in obtaining a cash grant or value-in-kind for the Innovation and Ideas Grant program as shown at Attachment D to the subject report;

(F)       Council note that all grant amounts are exclusive of GST;

(G)      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

(H)      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.

S117676