Issue - meetings

To consider the report of the Director (JY).

The Executive received a confidential report which set out the level of compensation to be paid to the leisure operator in relation to the on-going closure of the pool and health spa areas within the Riverside Swimming Pool and Leisure Centre, and requested the establishment of a budget to make the required payments, with such funds being met from earmarked reserves.  It was noted that an initial payment had already been made under delegated powers.

RECOMMENDED that Council approve the establishment of a budget to be funded by money set aside in an earmarked reserve for the purpose of compensation payments to the Leisure Operator for the loss of income resulting from the on-going closure of the Riverside Swimming Pool and Leisure Centre pool and health spa.