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Extraordinary Ipswich Central Redevelopment Committee — 2024-05-23

Minutes · 1 item

1. Nicholas Street Precinct - Approval of a Lease for Ground Floor Eats Tenancy T4 (25 Nicholas Street)

Resolution: Moved by Councillor Marnie Doyle:

1. Nicholas Street Precinct - Approval of a Lease for Ground Floor Eats Tenancy T4 (25 Nicholas Street)

This is a report concerning a lease for Council’s consideration associated with Ground Floor Tenancy T4 of the Eats building at 25 Nicholas Street, Nicholas Street Precinct.

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

Recommendation

Moved by Councillor Marnie Doyle:

Seconded by Mayor Teresa Harding:

A. That Council enter into a Lease (and any ancillary documentation) with the proposed lessee of the Ground Floor Tenancy T4, Eats Building, 25 Nicholas Street (impacting Lot 1 SP307972, Lot 2 RP209886 and Lot 3 RP212242) (“Ground Floor Tenancy T4”) within the Nicholas Street Precinct (under the commercial terms detailed in the confidential report and attachments by the Precinct Governance Manager dated 1 May 2024).

B. That Council note, in relation to Council’s disposal of its leasehold interest in the Ground Floor Tenancy T4 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 the Ground Floor Tenancy T4 (Ministerial exemption contained in Attachment 1 of this report).

C. 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.

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

AFFIRMATIVE NEGATIVE

Councillors: Councillors:

Doyle Nil

Harding

The motion was put and carried.

NOTICES OF MOTION

Nil

MATTERS ARISING

Nil

PROCEDURAL MOTIONS AND FORMAL MATTERS

The meeting commenced at 9.00 am.