Risk Management Considerations. Answers to the above questions will go a long ways to- xxxx spelling out who is responsible for what in the leasing arrangement. There will likely be some risk management issues that still need to be taken into con- sideration and specifically addressed in the resulting leasing agreement. Crop insurance is one topic that needs to be covered.
Risk Management Considerations. Should the City not purchase Lot 000 Xxxxx Xxxxxxxxx, Xxxxxxxxx from Western Power, the opportunity to develop an improved design of future multi storey car parks on City owned adjoining existing on-ground parking lots, with better circulation and increased income generation for the life of the project would be lost. The option of not proceeding to purchase the site was considered and would result in having a detrimental impact on planning and car bay numbers, design aesthetics, and operation of the car park. The ability to generate increased income over the life of the project would be reduced. Financial/Budget Implications: Cost of purchase from Western Power is $26,297 for Xxx 000 Xxxxx Xxxxxxxxx, Xxxxxxxxx. The cost to purchase the site will be charged to the multi storey car park project listed within the 2014-15 budget. All amounts quoted in this report are exclusive of GST. Regional Significance: Future multi storey car parks will service local and regional accessibility. Increasing the availability of car parking could assist in attracting people to the City Centre. Sustainability Implications: Not applicable. Consultation: Consultation and negotiation with Western Power was initiated for the purpose of acquiring from Western Power Lot 000 Xxxxx Xxxxxxxxx, Joondalup which adjoins City owned Lot 456 (104) XxXxxxx Avenue, Joondalup to secure the ability to combine with any future multi storey development of the City owned adjoining and existing on-ground parking lots. In order to effect a transfer of the site, Western Power is prepared to sell the site to the City. The City obtained an indicative valuation advice on the property in order to negotiate a potential acquisition. Xxxxxx Power has offered to transfer and sell the site to the City at the mid-point valuation between highest and lowest values. Document: Contract for sale. Description: Contract for sale between City of Joondalup and Electricity Networks Corporation to purchase Xxx 000 Xxxxxxxx Xxxxxxx, Xxxxxxxxx (Lot 536 plan 19634 Volume 2032 Folio 221). Date: 2 June 2015. Signed/Sealed: Signed and Sealed. Legislation: Section 3.59 of the Local Government Act 1995.
Risk Management Considerations. Should the licence agreement not proceed, communication coverage for residents and businesses in the City of Joondalup may be affected.
Risk Management Considerations. 10.1 The highways and highway surface water drainage will be included in future maintenance upon the development being formally adopted, therefore reducing the risk to the public.
Risk Management Considerations. Disposal of property needs to comply with the requirements of Sections 3.58 and 3.59 of the Local Government Act 1995, which are designed to ensure openness and accountability in this disposal process.
Risk Management Considerations. If the project proceeds to construction, there may be concern from existing harbour users with regard to access. This will be mitigated through a communication plan. Financial/Budget Implications: $450,000 Recreational Boating Facilities Grant Funds. $150,000 Municipal Allocation Required (25% of project).
Risk Management Considerations. No payments will be made in advance and paid monthly in arrears. The successful provider is a Blackpool Council internal service provider/service area. If the contract is not awarded then we will not be fulfilling the requirements approved at the Opportunity Area Board and agreed by Department for Education.
Risk Management Considerations. Not applicable.
Risk Management Considerations. Not applicable. Financial/Budget Implications: Lessee (The City) to pay all utility costs. Regional Significance: Not applicable. Sustainability Implications: Not applicable. Consultation: Meeting with City Officers held 15 December 2014 and meeting with Coordinator Property Management and Lessor Agent held 16 December 2014. Amendments made to reduce amount of deposit and to amend the rent review clause in favour of the Lessee and to avoid re-painting by the Lessee.
Risk Management Considerations. Should the City not progress the creation of the local law in a timely manner, the local law may be recommended for disallowance by the Joint Standing Committee on Delegated Legislation.
