2021-10-18 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                     18 OCTOBER 2021


Previous Council Consideration
Ordinary Meeting Minutes, 20 February 2020, Item 2, Page 7
That Council note the report by the Economic Development Manager to the Services & Organisation
Committee Meeting dated 11 February 2020 regarding the commercial lease of 45sqm
approximately of space at the Peregian Digital Hub and:
A.     Agree to enter a commercial lease of the premises to Fireball International Pty Ltd. for a three
       year term, as generally outlined in the report;
B.     Agree to an initial rent-free period of 3 months; and
C.     Authorise the CEO to award up to three subsequent lease extensions each of 1 year, subject
       to the lessee complying with the terms of the lease.

Finance
The financial return posed by the new lease is as detailed above. Overall this is slightly above the
previous financial return for the leased space.

Risks & Opportunities
The report seeks to minimise risk associated with securing a new lessee and allowing the lessee to
activate its business plan. The lessee’s proposal demonstrates a commitment to the Peregian
Digital Hub and Council’s strategic objectives.

Consultation
External Consultation
●    Commercial Real Estate Agents
●    Prospective tenants
Internal Consultation
●    Manager Property
●    Property Officer

Departments/Sections Consulted:
     Chief Executive Officer       Community Services                      X   Corporate Services
     Executive Officer             Director                                    Director
     Executive Support             Community Development                       Financial Services
                                   Community Facilities                        ICT
                                   Libraries & Galleries                       Procurement & Fleet
                                   Local Laws                              x   Property
                                   Waste & Environmental Health                Revenue Services

     Executive Services        X   Environment & Sustainable Development       Infrastructure Services
     Director                      Director                                    Director
     Community Engagement          Building & Plumbing Services                Asset Management
     Customer Service              Development Assessment                      Buildings and Facilities
     Governance                    Economic Development                        Civil Operations
     People and Culture            Environmental Services                      Disaster Management
                                   Strategic Land Use Planning                 Infrastructure Planning,
                                                                               Design and Delivery




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