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2015-04-28 Planning and Organisation Committee Agenda
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PLANNING & ORGANISATION COMMITTEE MEETING AGENDA 28 APRIL 2015
Page 156 of 211
PLANNING & ORGANISATION COMMITTEE MEETING AGENDA 28 APRIL 2015
ii) $250,000 (excluding GST) — payable to the NBRF Public Trust from the
Environment Levy for projects that conserve and/or improve biodiversity in the
Noosa Shire and have tangible and measurable outcomes.
iii) $80,000 (excluding GST) — payable to NBRF NBRF Public Trust for economic
projects with an environmental benefit consistent with the purposes of the
c) In the = 3 financial years (2015-16 through to 2017-18) the funding for each
year will be negotiated on an annual basis following negotiations between the NBRF
Public Trust and Council. Such negotiations will include the NBRF presenting its funding
requirements as per Clause 5.1 b) and in the context of Council’s annual budget process
and overall funding constraints.
d) On or about 1 July 2018, Council will consider entering into a new funding agreement to
extend the period of funding, subject to its annual budget considerations and
performance outcomes relative to this Deed.
e) Subject to Council resolving from year to year to make available from its budget
sufficient funds for the NBRF and Public Trust, and subject to compliance by NBRF with
this Deed, the Council will pay Funding for NBRF operations and projects having regard
to any ongoing commitments as provided for in clause 4.2 of this Deed.
f) Payments will be made jin quarterly instalments in advance upon a receipt of a valid tax
invoice from NBRF dated on or after the first day ofthe quarter.
g) Council shall pay the funding to NBRF.by electronic. transfer to a bank account (or
accounts) as notified in writing to Council by,NBRF, with)such bank account/s being in
the name.of NBRF and such account/s being solelyunder the control of NBRF.
4.2 Extended Financial Commitments
Before NBRF commits to any purchase, contract, undertaking or activity that has financial
commitments beyond the period of approved funding and for which purchase, contract, undertaking
or activity NBRF will require Council funding, NBRF must apply for and obtain approval from
Council’s Chief Executive Officer or his or her delegate prior to NBRF making the commitment.
4.3 Right to.Suspend Funding
Without limiting the Council’s rights, if Council is satisfied:
a) NBRF does not have the capacity to manage the funding; or
b) NBRF does not have the capacity to perform the programs in line with the objects of the
Public Trust; or
c) Council is unable to provide the funding due to any legal impediment,
then the Council may at its sole discretion:
d) Suspend payment of the funding or an instalment of the funding (whether in whole or
in part) of the NBRF program; and/or
e) Direct NBFR to cease spending the Funding.
Funding Deed — Noosa Biosphere Reserve Foundation Ltd & Noosa Council Page 7
Page 156 of 211See the original
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