Extraordinary Economic and Cultural Development Committee — 2026-04-09

1. Nicholas Street Precinct - Approval of an Agreement for Lease for Tenancy 2B05 - 7 Tulmur Walk

Resolution: Moved by Councillor Pye Augustine:

1. Nicholas Street Precinct - Approval of an Agreement for Lease for Tenancy 2B05 - 7 Tulmur Walk

This is a report concerning an Agreement for Lease for Council’s consideration associated with Tenancy 2B05 - 7 in Tulmur Walk, Nicholas Street Precinct, Ipswich.

“The attachment/s to this report are confidential in accordance with section 254J(3)(g) of the Local Government Regulation 2012 .”

Recommendation

Moved by Councillor Pye Augustine:

Seconded by Councillor Marnie Doyle:

A. That Council enter into an Agreement for Lease and associated documentation of the Agreement for Lease with the proposed lessee for Tenancy 2B05 - 07 of the Tulmur Walk (impacting part of LOT 1 20 RP157021) (“Tenancy 2B05 - 7”) within the Nicholas Street Precinct (under the commercial terms detailed in the confidential report and attachments by the Precinct Director).

B. That conditional upon Council satisfactorily executing the Agreement to Lease with the proposed lessee, (contained in recommendation A of this report), Council enter into a lease for Tenancy 2B05 - 7 with the proposed lessee (as detailed in the confidential report and attachments by the Precinct Director).

C. That Council note, in relation to Council’s disposal of its leasehold interest in the Tenancy 2B05 - 7 to the proposed lessee, that the Ministerial exemption under s236 1(f) of the Local Government Regulation 2012 applies to the disposal of Council’s interest in Tenancy 2B05 - 7 (Ministerial exemption contained in Attachment 1 of this report).

D. That pursuant to Section 257(1)(b) of the Local Government Act 2009, Council resolve to delegate to the Chief Executive Officer the power to take “contractual action” pursuant to section 238 of the Regulation, in order to implement Council’s decision at Recommendation A and B.

E. That Council be kept informed as to the progress and outcome of the execution and publication of details.

AFFIRMATIVE NEGATIVE

Councillors: Councillors:

Augustine Nil

Doyle

Harding

Jonic

Madsen

Antoniolli

Martin

Madden

The motion was put and carried.

PROCEDURAL MOTIONS AND FORMAL MATTERS

The meeting commenced at 12.00 pm.

The meeting closed at 12.27 pm.

Mentions: Nicholas Street · Ipswich

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