DOCUMENTS EXECUTED BY AFFIXING THE COMMON SEAL FOR THE PERIOD 3 JULY TO 31 JULY 2018Agreement for Payment of Cash in Lieu of the Provision of a Community Purpose Site • August 2nd, 2018
Contract Type FiledAugust 2nd, 2018Document: Agreement. Parties: City of Joondalup and The Roman Catholic Archbishop of Perth and Davison Pty Ltd. Description: Agreement for payment of cash in lieu of the provision of a 1,000m2 community purpose site within the Iluka Structure Plan area. Date: 3 July 2018. Signed/Sealed: Signed and Sealed. Legislation: Not applicable. Strategic Community Plan:Key Theme: Objective: Quality Urban Environment. Policy: Not applicable. Risk Management Considerations: Not applicable. Financial/Budget Implications: The City will receive a payment of $500,000 in lieu of the provision of a community purpose site, either within 14 days of the creation of the lots within the Iluka Local Centre, or within two years of the execution of the Agreement, whichever is the earlier. The agreed cash in lieu amount was determined through a valuation report by a qualified valuer. Regional Significance: Not applicable. Sustainability Implications: Not applicable. Consultation: Not applicable.