2017-05-24 Special Meeting Agenda

SPECIAL MEETING AGENDA                                                                  24 MAY 2017


8.     Special conditions of sale

Following discussions between the Johns Family and the Director of Community Services, the
following special conditions are proposed for inclusion in any proposed contract of sale:
a)    The purchase price be $2.2million ex GST.
b)    The settlement date be 31 October 2017.
c)    Council requires vacant possession of the site at settlement.
d)    A licence to use to be granted to Ben Johns and immediate family for access to the two large
      sheds and surrounding area for non-residential purposes for the remainder of Ben Johns life
      or five years, whichever is the longer. This area to be defined by plan. This licence will also
      include access from this area to the river.
e)    A road access licence to be granted for members of the Johns family to Cyril Johns property
      for Ben and Pat Johns lifetime. Again this will be identified by a plan attached to the contract.
f)    Council to provide assistance to the Johns family to manage the campground and the
      transition of long term residents.
g)    There is to be no new camping to take place from 1 July, 2017. In recognition of the resulting
      loss of income Council will pay any rates due on the property from 1 July 2017 on the basis
      that the Settlement ultimately proceeds.
h)    Gagaju Bush camp will be required to remove all of their fixtures and fittings and to cease
      operations prior to the settlement date.
i)    In relation to the camping ground, all caravans, temporary dwellings, and movable structures
      are to be removed from the site prior to settlement.
j)    All car bodies, scrap metal, recyclables and waste are to be removed from the site (with the
      exception of items stored in the two large sheds and items agreed by Council which can
      remain in the licence to use area) prior to settlement. Council will provide all reasonable
      assistance to help remove these items.
k)    Upon signing of the contract the Johns family require the 10% deposit to be released.
l)    Once the contract has been signed the Johns family will agree to allow Council Officers
      and/or their agents access to the site for the purpose of meeting the above terms and
      conditions.

Previous Council Consideration

Nil.

Finance

It is proposed to finance the purchase of this land (including stamp duty of approximately $120,000)
as follows:
 $1,540,000 from the Environment Levy; and
 $780,000 from Council unrestricted cash reserves.

Environment Levy

There are currently sufficient funds in the Environment Levy to allocate $1,540,000 to the purchase
of Johns Landing with the balance of the Environment Levy forecasted at $1.6 million after
accounting for this purchase should it proceed.




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