Grants and Sponsorship - Accommodation Grants

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

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:

Year

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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