04.01.2015 Views

Council Minutes - Town of Cambridge

Council Minutes - Town of Cambridge

Council Minutes - Town of Cambridge

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

COUNCIL MINUTES<br />

TUESDAY 28 AUGUST 2012<br />

DETAILS:<br />

Subsequent to the February <strong>Council</strong> Meeting, the <strong>Town</strong> has been progressing the design<br />

concept for the project and has continued discussions with the COPSLSC. The Club have<br />

revised their own business plan and it is apparent that they view the gym as a major<br />

component that will not only service its life saving members, but also bring additional<br />

revenue from Associate Membership that can <strong>of</strong>fset the costs <strong>of</strong> better fitness and training<br />

facilities.<br />

The Club has continued to seek a non-compete clause from the <strong>Town</strong> relating to the gym,<br />

and given that the <strong>Town</strong> has no plans to develop, operate or lease a gym in the vicinity, it is<br />

a request that may be conceded by the <strong>Town</strong>. If the <strong>Council</strong> were to agree, it would be<br />

drafted such that if the Club cease to provide a Gym at any point in time (to associate<br />

members and the public), then the non-compete clause would lapse.<br />

The Club has also sought an option to extend the lease at the end <strong>of</strong> the term, given that the<br />

COPSLSC is looking at a significant investment on its part. The <strong>Town</strong> has reiterated it would<br />

not provide an option exercisable by the Club, but would consider a term which signifies a<br />

commitment to negotiate an extension in good faith.<br />

<strong>Council</strong>'s approval is sought to draft amended terms reflecting the above for inclusion in the<br />

Agreement to Redevelop and Lease and the Lease itself.<br />

POLICY/STATUTORY IMPLICATIONS:<br />

The recommendations made in this report are considered an integral part <strong>of</strong> the community<br />

facilities leasing policy.<br />

FINANCIAL IMPLICATIONS:<br />

The commitment by the <strong>Town</strong> to the Surf Club component <strong>of</strong> this project is $4.5 million. The<br />

leasing policy would see a $25,000 contribution from the Club and $50,000 from the <strong>Town</strong><br />

annually based on a 1,480m² building.<br />

STRATEGIC DIRECTION:<br />

This is a key strategic initiative for the <strong>Town</strong> as outlined in the Strategic Plan. The <strong>Town</strong> is<br />

aiming to provide community infrastructure and facilities that are well used and maintained.<br />

Its intent is to develop, renew, rationalise and consolidate capital and environmental assets<br />

to ensure their sustainability for future generations.<br />

ATTACHMENTS:<br />

Nil<br />

H:\CEO\GOV\COUNCIL MINUTES\12 MINUTES\AUGUST 2012\C CR.DOCX 197

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!