It is resolved that:
(A) Council
approve the grant of a new lease to AVC Operations Pty Limited (ACN607 832
299)for part Ground Floor Suites, Custom House, 31 Alfred Street, Circular Quay
in accordance with the essential lease terms and conditions contained within
Confidential Attachment B to the subject report;
(B) Council
approve the granting of a 15-year licence over the area of Crown Land that
forms part of the lease area, in accordance with the licence terms outlined in
Confidential Attachment B to the subject report, and in compliance with the
applicable provisions of the Crown Land Management Act 2016 (NSW); and
(C) authority
be delegated to the Chief Executive Officer to negotiate, execute and
administer the terms of the lease, including the Crown Land Licence component,
in accordance with the essential terms and conditions contained within
Confidential Attachment B to the subject report.
Carried unanimously.
X119037.001