Agenda and minutes

The meeting re-opened to the public at 6.22 pm.

Resolution and Confidentiality Order

Item 16.1 – Confidential Recommendations of the City Planning, Development and Business Affairs Committee

1.         Recommendation 1 – Market Square and Central Market Expansion

That Council

1.       Authorises a budget of $31.92 million (plus GST) comprising expenditure of $30.53 million (plus GST) based on the net cost for Council’s Returnable Works together with an additional $1.39 million construction contingency to deliver the Returnable Works comprising a Central Market expansion, 260 public car parks and basement loading and servicing.

2.       Notes that the required funding be made available on the basis that:

2.1.    The Administration continue to explore opportunities to reduce the net cost for Council’s Returnable Works without comprising design outcomes.

2.2.    The $1.39 million contingency allowance will be made available subject to requirements for the purposes of Council’s Returnable Works.

2.3.    The Administration explore funding mechanisms to accommodate for the increase to the Returnable Works net cost, including application of the Future Fund.

2.4.    The Long Term Financial Plan be updated over forward financial years.

3.       Notes ICD’s material variations as contained within paragraph 58 of this report.

4.       Approves the revised ICD design concept, incorporating ICD’s material variations, as contained within Attachment A to Item 7.2 on the Agenda for the meeting of the City Planning, Development and Business Affairs Committee held on 7 March 2023.

5.       Authorises that the Chief Executive Officer be delegated authority to finalise the negotiation and preparation of a Deed of Amendment with ICD together with all associated legal documentation on satisfactory terms for the purpose of the PDA amendments set out within this report, subject to any material changes to the project including to the timing of the completion of the returnable works being returned to Council for approval.

6.       Authorises the Chief Executive Officer to sign and affix as necessary the common seal with the signature of the Lord Mayor for the Deed of Amendment together with all associated legal documentation to give effect to the Deed of Amendment.

7.       Notes the updated project program as set out within paragraph 93 which will be communicated to key stakeholders and the community.

8.       Authorises that, in accordance with Section 91 (7) & (9) of the Local Government Act 1999 (SA) and on the grounds that Item 16.1 [Confidential Recommendations of the City Planning, Development and Business Affairs Committee] listed on the Agenda for the meeting of the Council held on 14 March 2023 was received, discussed and considered in confidence pursuant to Section 90 (3) (b) & (d) of the Local Government Act 1999 (SA), the meeting of the Council do order that:

8.1.    The resolution, paragraph 58, paragraph 93 and Attachment A to the report become public information and included in the Minutes of the Council meeting.

8.2.    The report (excluding the resolution paragraph 58, paragraph 93 and Attachment A), the discussion and any other associated information submitted to this meeting and the Minutes of this meeting in relation to the matter remain confidential and not available for public inspection until 31 December 2030.

8.3.    The confidentiality of the matter be reviewed in December 2023.

8.4.    The Chief Executive Officer be delegated the authority to review and revoke all or part of the order herein and directed to present a report containing the Item for which the confidentiality order has been revoked.

Paragraph 58, paragraph 93 and Attachment A to Item 7.2 on the Agenda for the meeting of the City Planning, Development and Business Affairs Committee held on 7 March 2023, can be found at the conclusion of the Minutes of this meeting for information.