It is resolved that:
(A) Council approve a variation to the lease with Palace Cinema Nominees Pty Ltd for Cinema 1 and 2, 247 Oxford Street, Paddington (Chauvel Cinema) from 1 November 2024 for the remaining lease term to 6 March 2026 for the amount outlined in Confidential Attachment A to the subject report; and
(B) authority be delegated to the Chief Executive Officer to enter into and administer any documentation required to give effect to the variation to the lease referred in (A) above and in accordance with Confidential Attachment A to the subject report.
The motion was carried on the following show of hands –
Ayes (7) The Chair (the Lord Mayor), Councillors Gannon, Kok, Maxwell, Miller, Wilson and Worling
Noes (2) Councillors Thompson and Weldon
Carried.
X103824