City of Newcastle (CN) owns a wide range of land and buildings ("Council Property") which help meet the diverse needs of its residents.
CN provides a variety of property types including:
- Community groups for contribution to the physical, cultural, social and intellectual welfare or development of the community
- Commercial buildings (or areas of multi-use buildings) to generate a financial return.
The Lease and Licence Policy provides CN with a framework to support the financially sustainable, equitable, fair and transparent management of lease and licences of Council Property.
What does the Policy cover?
The Draft Policy outlines:
- How Council Property will be leased and licenced by individuals, organisations and businesses
- Lease and licence terms, responsibilities and financial obligations
- The process for entering into new leases and licences.
What is the purpose of the Policy?
The Draft Policy provides a framework for:
- Aligning policies and procedures to relevant legislation
- Providing services for community benefit and commercial return
- Establishing agreement types and application
- Optimising use and utilisation that is equitable and affordable
- Undertaking strategic assessments to reflect objectives
- Providing a clear process to consider proposals including:
- Categories of lessees and business operating models
- Key lease or licence terms
- Market rent, rent payable and any in-kind subsidy CN provides
- Roles and responsibilities
- Outlining how owner's consent, grant applications and funding will be considered
- Identifying the approval process for proposed leases, licences or other lessee requests.
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