2021-06-08 Planning & Environment Committee Meeting Agenda

PLANNING & ENVIRONMENT COMMITTEE MEETING AGENDA    8 JUNE 2021




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PLANNING & ENVIRONMENT COMMITTEE MEETING AGENDA                                                   8 JUNE 2021

            In accordance with its Strategic Plan, NBRF will:
           i)     Fund the majority of its projects through grants, donations and bequests and in-kind
                  contributions from third parties including its project and research partners,
            ii)   Engage with Council, the community and its research partners in the identification and
                  development of its program, and
            iii) | Where appropriate, support the work of graduate research students and relevant community
                  education activities

      3     FUNDING OPERATIONAL EXPENSES
      a)    |NBRF must, by no later than the end of February in a financial year, provide Council with details
            of its Funding requirements for Operational Expenses for the next financial year. Council will
            consider the information provided by NBRF as part of its annual budget process.
      b) | NBRF must, by no later than the end of February in a financial year, also provide to Council a
            proposed Operational Plan for the next financial year, together with such information as may be
            reasonably required by Council so that Council may assess the Funding request, including but
            not limited to, the current NBRF strategic plan, itemised draft budget and current financial
            balance sheet.
      c)    Discussions between NBRF and Council about Funding will take into account each of the
            following:
           i)     any ongoing commitments as provided for in clause 5.2 of this Agreement; and
            ii)   Council's annual budget process and overall funding constraints.
      d)    The amount of any Council contribution towards the Operational Expenses of NBRF for a
            financial year during the term of this Agreement, will be determined by the Council as part of its
            annual budget process and will, in any event, be subject to Clause 6 - Funding Conditions.
      e)    Payments are subject to GST where applicable having regard to the type of transaction under
            Australian Taxation legislation.

      4     FUNDING PROJECTS
      a)    As far as is possible NBRF will fund the majority of its projects through grants, donations and
            bequests and in-kind contributions from third parties including its project and research partners.
      b)    ‘In addition to seeking third party funding NBRF may also choose to apply for relevant grants
            under Council's grant programs. These will be assessed against other applications received and
            the total amount allocated to the relevant grants program.
     c)     Council may elect to, on a commercial fee for service basis, and in addition to Funding the
            Operational Expenses of NBRF under clause 3, arrange for NBRF to undertakeffacilitate (on
            Council's behalf and at the cost of Council) studies or projects relevant to Council's role in the
            management of the Biosphere.
      5     PAYMENTS
      5.1   How payments are to bemade
      a)    Council shall pay the Funding to NBRF by electronic transfer to a bank account (or accounts) as
            notified in writing to Council by NBRF, with such bank account/s being in the name of NBRF and
            such account/s being solely under the control of NBRF.
      b)    Payments for contribution to Operational Expenses will be made in quarterly instalments in
            advance upon a receipt of a valid tax invoice from NBRF dated on or after the first day of the
            quarter.
      5.2  Extended financial commitments
      Before NBRF commits to any purchase, contract, undertaking or activity that has financial

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