It is resolved that:
(A)
Council note
the continuation of the current Accommodation Grant leases and licences for the
70 lease holders that have satisfactorily completed their annual performance
review for the 2023 calendar year and are continuing in the Program;
(B)
Council note
that Innovillage Pty Ltd (trading as Greenhouse) located at the Business
Innovation Space, 180 George Street, Sydney were not required to complete an
annual performance review as it had not been in the Program for a full 12
months and is continuing in the Program;
(C)
Council
approve a lease for SDN Children’s Services at 60 Pine Street Chippendale from
1 January 2025 to 30 June 2029 on the following rental subsidy:
Year |
Market Rental Value |
Grant Subsidy (Rounded) |
Grant Amount |
Rent to be paid |
Year 1 1 January 2025 - 31 December 2025 |
$153,000 |
100% |
$153,000 |
$0 |
Year 2 1 January 2026 - 31 December 2026 |
$157,590 |
98% |
$154,438 |
$3,152 |
Year 3 1 January 2027 - 31 December 2027 |
$162,317 |
96% |
$155,824 |
$6,493 |
Year 4 1 January 2028 - 31 December 2028 |
$167,187 |
94% |
$157,156 |
$10,031 |
Year 5 1 January 2029 - 30 June 2029 |
$86,101 |
92% |
$79,213 |
$6,888 |
(D)
Council approve an ad-hoc grant to Larissa
Minniecon representing Scarred Trees Ministries to licence Meeting Room 1 and
Meeting Room 2 and Office 1 (including adjoining reception area), Ground Floor,
Glebe Town Hall, 160 St John's Road, Glebe for two years from 1 July 2024 to 30
June 2026 in accordance with section 356 of the Local Government Act 1993 on
the following rental subsidy which incorporates outgoings and utilities:
Year |
Market Rental Value |
Grant Subsidy (Rounded) |
Grant Amount |
Rent to be paid |
Year 1 1 July 2024 - 30 June 2025 |
$73,224 |
100% |
$73,224 |
$0 |
Year 2 1 July 2025 - 30 June 2026 |
$75,421 |
100% |
$75,421 |
$0 |
(E) Council approve a lease renewal for Weave Youth & Community Services Ltd located at Space 1 and 2, Waterloo Town Hall, 770 Elizabeth Street, Waterloo for five years from 1 July 2024 to 30 June 2029 on the following subsidy:
Market Rental Value |
Grant Subsidy (Rounded) |
Grant Amount |
Rent to be paid |
|
Year 1 1 July 2024 - 30 June 2025 |
$25,200 |
80% |
$20,160 |
$5,040 |
Year 2 1 July 2025 - 30 June 2026 |
$25,956 |
80% |
$20,765 |
$5,191 |
Year 3 1 July 2026 - 30 June 2027 |
$26,735 |
80% |
$21,388 |
$5,347 |
Year 4 1 July 2027 - 30 June 2028 |
$27,537 |
80% |
$22,029 |
$5,508 |
Year 5 1 July 2028 - 30 June 2029 |
$28,363 |
80% |
$22,690 |
$5,673 |
(F) Council
approve a lease renewal for Hayes Theatre Co at Reginald Murphy Hall, Reginald
Murphy Centre at 19 Greenknowe Street Elizabeth Bay, for five years from 1 July
2024 to 30 June 2029, on the following subsidy:
Year |
Market Rental Value |
Grant Subsidy (Rounded) |
Grant Amount |
Rent to be paid |
Year 1 1 July 2024 - 30 June 2025 |
$95,000 |
75% |
$71,250 |
$23,750 |
Year 2 1 July 2025 - 30 June 2026 |
$97,850 |
75% |
$73,387 |
$24,463 |
Year 3 1 July 2026 - 30 June 2027 |
$100,786 |
75% |
$75,590 |
$25,196 |
Year 4 1 July 2027 - 30 June 2028 |
$103,809 |
75% |
$77,857 |
$25,952 |
Year 5 1 July 2028 - 30 June 2029 |
$106,923 |
75% |
$80,193 |
$26,730 |
(G)
Council approve a lease renewal for 107 Projects
Incorporated at Joynton Avenue Creative Centre, 3 Joynton Avenue, Zetland for
two years from 1 July 2024 to 30 June 2026 on the following subsidy:
Year |
Market Rental Value |
Grant Subsidy (Rounded) |
Grant Amount |
Rent to be paid |
Year 1 1 July 2024 - 30 June 2025 |
$500,000 |
100% |
$500,000 |
$0 |
Year 2 1 July 2025 - 30 June 2026 |
$515,000 |
100% |
$515,000 |
$0 |
(H) Council approve the new subsidy and grant level for Darlinghurst
Theatre Company Ltd at The Eternity Playhouse, 39 Burton Street, Darlinghurst
for its current five year lease, for the period 1 July 2024 to 30 June 2025 on
the following rental subsidy:
Year |
Market Rental Value |
Grant Subsidy (Rounded) |
Grant Amount |
Rent to be paid |
Year 1 1 July 2024 - 30 June 2025 |
$208,669 |
100% |
$208,669 |
$0 |
(I)
Council note
that Darlinghurst Theatre Company has provided notice of their intention to
vacate Suite 3.02 and Suite 3.03 101-111 William Street, Darlinghurst and the
property will be offered by an expression of interest application through the
Accommodation Grants Program;
(J)
authority be
delegated to the Chief Executive Officer to negotiate, execute and administer
the lease agreement with: SDN Children’s Services at 60 Pine Street
Chippendale; Weave Youth & Community Services Ltd. located at Space 1 &
2, 770 Elizabeth Street, Waterloo; Hayes Theatre Co for Reginald Murphy Hall,
Reginald Murphy Centre at 19 Greenknowe Street Elizabeth Bay; 107 Projects
Incorporated at Joynton Avenue Creative Centre, 3 Joynton Avenue, Zetland;
Darlinghurst Theatre Company Ltd for The Eternity Playhouse, 39 Burton Street,
Darlinghurst; and the licence agreement to Larissa Minniecon representing
Scarred Trees Ministries to licence Meeting Room 1 and Meeting Room 2 and
Office 1 (including adjoining reception area), Ground Floor, Glebe Town Hall,
160 St John’s Road, Glebe on terms consistent with this resolution and in
accordance with the Grants and Sponsorship Policy; and
(K) 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 recipients will not change, and a CEO Update will be provided to Council advising of any changes made in accordance with this resolution.
The motion was carried on the following show of hands –
Ayes (7) The Chair (the Lord Mayor), Councillors Chan, Ellsmore, Davis, Gannon, Kok and Worling
Noes (3) Councillors Jarrett*, Scott and Weldon.
Carried.
*Note – Councillor Jarrett abstained from voting on this matter. Pursuant to the provisions of clause 10.4 of the Code of Meeting Practice, Councillor Jarrett is taken to have voted against the motion.
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