Decision details

THAT THE AUDIT AND RISK COMMITTEE

1.       Having taken into account the relevant consideration contained in section 90(3) (b) & (d) of the Local Government Act 1999 (SA), this Special meeting of the Audit and Risk Committee dated 8 September 2026 resolves that it is necessary and appropriate to act in a meeting closed to the public as the consideration of Item 6.1 [Gouger Street Revitalisation Project – Prudential Report] listed on the Agenda in a meeting open to the public would on balance be contrary to the public interest..

Grounds and Basis

This item contains certain information of a confidential nature (not being a trade secret) the disclosure of which could reasonably expect to confer a commercial advantage on a person with whom the Council is conducting business, prejudice the commercial position of the Council in respect to its contractual negotiation position.

Public Interest

The Audit and Risk Committee is satisfied that the principle that the meeting be conducted in a place open to the public has been outweighed in the circumstances because the disclosure of this information may result in release of confidential information of Council of a contractual and financial nature.

2.       Pursuant to section 90(2) of the Local Government Act 1999 (SA) (the Act), this Special meeting of the Audit and Risk Committee dated 8 September 2026 orders that the public (with the exception of members of Corporation staff and any person permitted to remain) be excluded from this meeting to enable this meeting to receive, discuss or consider in confidence Item 6.1 [Gouger Street Revitalisation Project – Prudential Report] listed in the Agenda, on the grounds that such item of business, contains information and matters of a kind referred to in section 90(3) (b) & (d) of the Act.