MEETING OF COUNCIL - Town of Cambridge

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COUNCIL 27 NOVEMBER 2012 (iii) the Development Agreement is to contain such GST treatment provisions as are appropriate having regard to detailed GST advice from the Town’s GST advisers. Amendment carried 8/0 COUNCIL DECISION: That:- (i) (ii) (iii) (iv) (iv) the Heads of Agreement with LandCorp regarding the Former Nursery Site be endorsed by Council subject to amendment of the Agreement such that if the Agreement is terminated, the Town is under no obligation to make any payment to LandCorp unless and until the site is transferred back to the Town; the Chief Executive Officer be authorised to finalise the Development Agreement for the Former Nursery Site with LandCorp consistent with the intent of the Heads of Agreement; the Development Agreement is to contain such GST treatment provisions as are appropriate having regard to detailed GST advice from the Town’s GST advisers. the Mayor and Chief Executive Officer be authorised to sign and seal the final Development Agreement for the Former Nursery Site; and formal planning be commenced for the development of the Former Nursery Site. Carried 8/0 H:\Ceo\Gov\Council Minutes\12 MINUTES\November 2012\E Item 10 Onwards.docx 225
COUNCIL 27 NOVEMBER 2012 11. URGENT BUSINESS Nil 12. MOTIONS OF WHICH NOTICE HAS BEEN GIVEN Nil 13. CONFIDENTIAL REPORTS Nil H:\Ceo\Gov\Council Minutes\12 MINUTES\November 2012\E Item 10 Onwards.docx 226
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Council Minutes 27 NOVEMBER 2012
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COUNCIL MINUTES TUESDAY 27 NOVEMBER
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Page 227: COUNCIL 27 NOVEMBER 2012 COMMUNITY
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MEETING OF COUNCIL - Town of Cambridge

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