2021-04-12 General Committee Meeting Minutes

GENERAL COMMITTEE MEETING MINUTES                                                 12 APRIL 2021


            Committee Recommendation
            Moved:           Cr Stewart
            Seconded:        Cr Wilkie
            That Council note the report by the Property Advisor – Commercial Property to the
            General Committee Meeting dated 12 April 2021 regarding the lease of Shop 8,
            Sunrise Neighbourhood Shopping Centre and:
            A.   Agree to enter a commercial lease of the premises to Tanglewood Company Pty
                 Ltd, for a five (5) year term, as generally outlined in the report;
            B.   Agree to an initial rent-free period of 6 months; and
            C.   Authorise the CEO to award up to 4 subsequent lease extensions each of 5
                 years, subject to the lessee complying with the terms of the lease.
                                                                          Carried unanimously.


     4      BUDGET REVIEW 3 (BR3) FOR THE 2020/21 FINANCIAL YEAR
            Committee Recommendation
            Moved:           Cr Jurisevic
            Seconded:        Cr Lorentson
            That Council note the report by the Manager Financial Services to the General
            Committee Meeting dated 12 April 2021 and approve the proposed changes to the
            budget for the 2020/21 financial year as outlined in the revised Budget Financial
            Statements attached to the report.
                                                                        Carried unanimously.



     5      FINANCIAL PERFORMANCE REPORT – MARCH 2021
            Committee Recommendation
            Moved:           Cr Jurisevic
            Seconded:        Cr Stockwell
            That Council note the report by the Manager Financial Services to the General
            Committee Meeting dated 12 April 2021 outlining March 2021 year to date financial
            performance against budget, including performance against key financial sustainability
            indicators.
                                                                          Carried unanimously.




7    CLOSED SESSION

     Nil.




The meeting closed at 12.30 pm.



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