2019-01-14 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                  14 JANUARY 2019


Finance
The financial return posed by the new lease is as detailed above. Some legal and transaction
costs will be incurred in the order of $2,500. Lease revenue will be incorporated in the 2019/20
budget.

Risks & Opportunities
The proposed lease poses minimal risk because it relates to co-location with an existing
telecommunications tower and is only 18m2 in area. The lease presents an opportunity to improve
servicer provision by Optus to residents in addition to providing a revenue stream to ratepayers.

Consultation
External Consultation
 Argon Law Solicitors

Internal Consultation
 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            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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