2019-03-12 Planning & Environment Committee Agenda

PLANNING & ENVIRONMENT COMMITTEE MEETING AGENDA                                                  12 MARCH 2019


7                        NOOSA BIOSPHERE RESERVE FOUNDATION - 2017-18 ANNUAL REPORT
DOCUMENT INFORM AT ION




Author                              Director Environment and Sustainable Development, Kim Rawlings
                                    Environment and Sustainable Development Department

Index                               ECM/ Subject/ Noosa Biosphere Reserve Foundation - Management

Attachments                         1.    2017/18 Annual Report from Noosa Biosphere Reserve Foundation
                                          Board and 2017/18 Audited Financial Statement from Noosa
                                          Biosphere Reserve Foundation (66 page attachment provided separately
                                          to this report)


EXECUTIVE SUMMARY
Not applicable.

RECOMMENDATION
That Council note the report by the Director Environment and Sustainable Development to the
Planning & Environment Committee Meeting dated 12 March 2019 and note the report received
from the Noosa Biosphere Reserve Foundation including the 2017/2018 Annual Report and
Audited Financial Statement as provided at Attachment 1.


REPORT
The Noosa Biosphere Reserve Foundation (NBRF) was established by Council in 2015 as a
company limited by guarantee to manage the Noosa Biosphere Reserve Trust which was
established for the public charitable purposes of advancing the natural environment of the Noosa
Biosphere Reserve.

Council has two roles with the NBRF Board:
                       The right to appoint one director of the Board, with Councillor Frank Wilkie being the
                         current appointee.
                       Council provides funding under a 3-year Funding Agreement and entered into the latest
                         one on 1 July 2018.
Under the funding agreement, NBRF is required to provide a number of reports and information
to Council. This annual report is formally provided under the previous funding agreement which
expired 30 June 2018, however consideration of the current funding deed requirements have
been taken into account.

Council has now received from NBRF the 2017/18 Annual Report and audited Financial
Statement pursuant to section 5.2 (a) and 5.2 (c) of the Funding Deed – refer Attachment 1. In
addition, pursuant to section 6.2 (a) of the latest funding agreement (2018-2021) a quarterly
progress presentation was provided to Council on 2 November 2018 for Q1, and the Q2
presentation is scheduled for 21 March 2019.

The Funding Agreement between the Council and NBRF (2015-2018) included a number of
reporting and other requirements in clauses 4 and 5 of that Deed. For the purposes of this report
the following status is provided against those requirements.

1.                       Clause 4.2 – requirement for NBRF to seek Council’s approval before NBRF commits to
                         any purchase, contract, undertaking or activity that has financial commitments beyond the
                         period of approved funding where Council funding is required. In 2017/2018 NBRF ran a
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