2016-05-10 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                    10 MAY 2016


4                        PROPOSED TRANSFER OF NOOSAVILLE SLIPWAY LEASE - 4 MILL STREET,
                         NOOSAVILLE
DOCUMENT INFORM AT ION




Author                          Property & Facilities Manager, Clint Irwin
                                Corporate Services Department

Index                           ECM/ LEAS14/0004 – 4 Mill Street Slipway

Attachments                     1.   Locality Map


EXECUTIVE SUMMARY
Not applicable.

RECOMMENDATION
That Council note the report by the Property and Facilities Manager to the Services &
Organisation Committee Meeting dated 10 May 2016, and approve the proposed transfer of the
Noosaville Slipway sub-lease over Lot 168 SP177646 and Lot 167 SP223758 to Charles Glen
Nichols & Jason Schellaars trading as Noosa River Slipway (QLD) Pty Ltd subject to Ministers
consent for the transfer as required under section 322 of the Land Act 1994.


REPORT
Noosa Council entered into a 20 year lease agreement for 4 Mill Street, Noosaville (Lot 168
SP177646 and Lot 167 SP223758, formerly Lot 167 SP173769) with the Department of Natural
Resources and Mines (DNRM) on 1 May 2005. Council received consent to sub-lease part of the
land for commercial slipway purposes and the sub-lease commenced on 7 September 2007 and
will expire 6 September 2022.

The current sub-lessee of the Noosaville Slipway has a contract of sale for the business. The
sale is conditional on the sub-lease being transferred to the proposed new business owner.

Accordingly, the purpose of this report is to seek Council approval to transfer the Noosaville
Slipway sub-lease to the proposed new business owners being Charles Glen Nichols & Jason
Schellaars trading as Noosa River Slipway (QLD) Pty Ltd.

The proposed new business owner has provided Council with documentation to support the sub
lease transfer request including references and financial information to allow an evaluation of
their suitably to enter into the sub-lease over the slipway. The documentation has been assessed
and the proposed new business owner is deemed suitable to hold the sub-lease.

A deed of assignment is to be executed by the current sub-lessee, the proposed new business
owner and Council. Subsequent to formal Council resolution to approve the sub-lease transfer,
Ministerial consent will also be required prior to registration of the transfer in accordance with
section 322 (1) (a) and (b) of the Land Act 1994.




                                                                                   Page 13 of 72