It is also proposed that the for the terms of reference be developed by the Working Group and that consideration be given to the role of the Group in terms of the broader Chapel Street re-vitalisation agenda. Policy Implications The above proposal is consistent with the objectives of the Economic Development Strategy 2012, and the Council Plan 2013 2017 objectives for Prosperity. – Financial and Resources Implications The current 4 year Strategic Resource Plan adopted as part of the 2014/15 budget incorporates annual allocations as follows; 2014/15 $2m 2015/16 $1.5m 2016/17 $1.5m 2017/18 $1.5m Shortening the delivery timeframe to 5 as proposed in the Council resolution will impact on the annual capital requirements, which will need to be referred for consideration in the preparation of future budgets. Legal advice & implications Nil. Conclusion This report proposes that to give effect to the Council resolution of 2 June 2014 a Working be established with Councillor, Council Officer and Chapel Street Precinct (Streets Ahead Promotions Inc) representatives. Once Council has indicated support for this approach, and nominated Councillor representatives accordingly, it is proposed to schedule a meeting with nominated Council Officers and representatives from the Chapel Street Precinct (Streets Ahead Promotions Inc) to commence the process. One of the first tasks of the Working Group will be to resolve the terms of reference for the Group. It is proposed that in preparation of the terms of reference consideration be given to broadening the scope of the working Group to supporting Chapel Street Precinct (Streets Ahead Promotions Inc) in their current agenda for the revitalisation of Chapel Street. The final membership of the Groups in terms of numbers and representation will be determined based on the agreed Terms of Reference. Rights Consideration This recommendation complies with the Victorian Charter of Rights and Responsibilities Act 2006. Attachments 1. Chapel Street Master Plan Implementation Program Excluded
It is also proposed that the for the terms of reference be developed by the Working Group and that consideration be given to the role of the Group in terms of the broader Chapel Street re-vitalisation agenda. Policy Implications The above proposal is consistent with the objectives of the Economic Development Strategy 2012, and the Council Plan 2013 – 2017 objectives for Prosperity. Financial and Resources Implications The current 4 year Strategic Resource Plan adopted as part of the 2014/15 budget incorporates annual allocations as follows; 2014/15 $2m 2015/16 $1.5m 2016/17 $1.5m 2017/18 $1.5m Shortening the delivery timeframe to 5 as proposed in the Council resolution will impact on the annual capital requirements, which will need to be referred for consideration in the preparation of future budgets. Legal advice & implications Nil. Conclusion This report proposes that to give effect to the Council resolution of 2 June 2014 a Working be established with Councillor, Council Officer and Chapel Street Precinct (Streets Ahead Promotions Inc) representatives. Once Council has indicated support for this approach, and nominated Councillor representatives accordingly, it is proposed to schedule a meeting with nominated Council Officers and representatives from the Chapel Street Precinct (Streets Ahead Promotions Inc) to commence the process. One of the first tasks of the Working Group will be to resolve the terms of reference for the Group. It is proposed that in preparation of the terms of reference consideration be given to broadening the scope of the working Group to supporting Chapel Street Precinct (Streets Ahead Promotions Inc) in their current agenda for the revitalisation of Chapel Street. The final membership of the Groups in terms of numbers and representation will be determined based on the agreed Terms of Reference. Rights Consideration This recommendation complies with the Victorian Charter of Rights and Responsibilities Act 2006. Attachments 1. Chapel Street Master Plan Implementation Program Excluded
cl_07072014_agn.docx