Meeting papers

SERVICES & ORGANISATION COMMITTEE MEETING                                      10 SEPTEMBER 2024




Link to Corporate Plan
Theme No. 5 - Excellence

This theme focuses on customer experience, financial sustainability, innovation and technology,
levels of service, governance, our employees and volunteers, funding streams and asset
management practices.

Renewal of the lease aligns with a key action of the Excellence theme of Council's Corporate Plan
to increase the share of operating revenue to be generated from sources other than rates or
charges.



Previous Council Consideration
Ordinary Meeting Minutes 29 May 2014, Item 8, Page 16
That Council note the report by the Senior Property Officer, Property and Facilities to the Planning
and Organisation Committee meeting dated 30 May 2014 and
A. Approve the new lease agreement in the new company name of Australian Leisure and Hospitality
Group Pty Limited, for 5 years commencing 2 January 2015;
B. Authorise the Chief Executive Officer to award a subsequent 5 year extension of the lease subject
to the lessee complying with the terms of the lease; and
C. Apply the exception to the requirement for tendering of the lease under Section 236 (1) (c) (iii) of
the Local Government Regulation 2012 as the renewal is to the existing tenant.

Finance
The proposed lease will secure ongoing revenue for Council that will be recognised in financial year
budgets 2024/25 to 2029/20 and will maintain current levels of commercial yield.
Under Section 236 (1) (c) (iii) of the Local Government Regulation 2012, Council is not required to
tender for the leasing of a property if it is re-leasing to an existing tenant. In accordance with the
requirements for this exception, Council has obtained a market value as determined by an
independent valuer.

Risk & Opportunities
The proposed lease renewal poses minimal risk for Council as it secures ongoing tenancy of Shop
5 and provides retail continuity for the lessee and community.

Human Rights
Human Rights Compatibility Statement
In developing this Report, the subject matter has been considered in accordance with the
requirements of the Queensland Human Rights Act 2019. It is considered that the subject matter
does not conflict with any human rights and supports a human rights approach to decision making
by Council. Council representatives will endeavour to act and make decisions under this report in a
manner that is compatible with human rights. This report should be read in conjunction with
Council’s Human Rights Policy.


Consultation
External Consultation - Community & Stakeholder
Nil.




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