2017-08-08 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA   8 AUGUST 2017




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SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                       8 AUGUST 2017

            (iii) it informs its members of their obligation to obtain Council approvals or permits if
                  required and Tourism Noosa will fulfil this requirement via advice to members
                  during its membership renewal process.

       7.   MARKETING CASH CONTINGENCY

       (a)  Tourism Noosa will maintain a Marketing Cash Contingency (named as a Marketing
            Contingency Reserve) in its balance sheet which will be no less than $350,000 and
            maintain the cash balance in addition to other working capital requirements throughout
            the term of the Agreement, subject to 7(b).
       (b)  This Marketing Cash Contingency (named as a Marketing Contingency Reserve) may
            be used for marketing activity required outsideof that outlined in the Business Plan in
            the event that additional marketing funding isrequired. Tourism Noosa must consult with
            and have approval from Council prior to.the marketing cash contingency (named as a
            Marketing Contingency Reserve) being accessed or reduced below $350,000.

       8.   REGIONAL PROJECTS AND STAKEHOLDER COLLABORATION

       Tourism Noosa will collaborate with all, regional, state and national tourism stakeholders in
       implementing its Business Plan and Tourism Strategy. Tourism Noosa will allocate an amount
       to regional projects within its annual budget and any. contribution of funds to regional
       activities/projects with its industry partners will be based on return on investment for the Noosa
       tourism industry.

       9.   .REPORTING

       (a)  Tourism Noosa will monitor and measure the implementation of its Business Plan and
            Tourism)Strategy and Tourism Noosa must provide and present to Councillors six-
            monthly reports in February and August each year on such implementation. These
            reports will include measurement results (based on Tourism Research Australia data)
            agreed between the Council and Tourism Noosa based on the KPIs set out in the
            Tourism Strategy and that provide evidence of how Tourism Noosa is performing,
            including financially to 31 December and 30 June as applicable, achievement of
            objectives as set out in both its Tourism Strategy and constitution and any other
            information that Council may reasonably request, to enable them to assess Tourism
            Noosa’s progress.
       (b)  Tourism Noosa must prepare an Annual Report, including audited financial statements
            demonstrating its solvency for each financial year and submit it to Council no later than
            30 November each year. This Report submitted to Council will include an attachment
            outlining the reasons for any exceptions to the Marketing Cash Contingency (named as
            a Marketing Contingency Reserve) in Clause 8, if applicable.

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