Business plans

All business plans open for public comment through formal submission are listed below.

Prior to entering into a major land transaction, a local government must first prepare a business plan, publically advertise the plan and invite submissions for a minimum period of six weeks.

The business plan must comply with the provisions of section 3.59 of the Local Government Act 1995 (the Act) and the Local Government (Functions and General) Regulations 1996. These provisions define what constitutes a major land transaction what should be included in a Business Plan and the process for submissions. 

A major land transaction is defined as being the acquisition, disposal or development of land to a value exceeding $10,000,000 or 10% of operating expenditure incurred by the local government in the last completed financial year. 

A business plan is required to assess the major land transaction and to include a number of details. These are set out under the Act as below. 
The business plan is to include an overall assessment of the major trading undertaking or major land transaction and is to include details of:

  • (a) its expected effect on the provision of facilities and services by the local government
  • (b) its expected effect on other persons providing facilities and services in the district 
  • (c) its expected financial effect on the local government 
  • (d) its expected effect on matters referred to in the local government’s current plan prepared under section 5.56 
  • (e) the ability of the local government to manage the undertaking or the performance of the transaction 
  • (f) any other matter prescribed for the purposes of this subsection. 

In accordance with these requirements, council will consider all submissions received prior to deciding whether to proceed with the proposed land transaction.

All business plans open for public comment through formal submission are listed below.

Prior to entering into a major land transaction, a local government must first prepare a business plan, publically advertise the plan and invite submissions for a minimum period of six weeks.

The business plan must comply with the provisions of section 3.59 of the Local Government Act 1995 (the Act) and the Local Government (Functions and General) Regulations 1996. These provisions define what constitutes a major land transaction what should be included in a Business Plan and the process for submissions. 

A major land transaction is defined as being the acquisition, disposal or development of land to a value exceeding $10,000,000 or 10% of operating expenditure incurred by the local government in the last completed financial year. 

A business plan is required to assess the major land transaction and to include a number of details. These are set out under the Act as below. 
The business plan is to include an overall assessment of the major trading undertaking or major land transaction and is to include details of:

  • (a) its expected effect on the provision of facilities and services by the local government
  • (b) its expected effect on other persons providing facilities and services in the district 
  • (c) its expected financial effect on the local government 
  • (d) its expected effect on matters referred to in the local government’s current plan prepared under section 5.56 
  • (e) the ability of the local government to manage the undertaking or the performance of the transaction 
  • (f) any other matter prescribed for the purposes of this subsection. 

In accordance with these requirements, council will consider all submissions received prior to deciding whether to proceed with the proposed land transaction.

  • Business Plan – Proposed Major Land Transaction – Acquisition of Investment Property

    21 days ago

    The City of Subiaco is inviting public submissions on its Business Plan – Proposed Major Land Transaction – Acquisition of Investment Property.

    The City of Subiaco owns a number of investment properties and intends to acquire additional real property assets to add to its investment portfolio.

    This Business Plan provides an overall assessment of the major land transaction being the acquisition of property for the common purpose of growing and diversifying the City’s property investment portfolio.

    Download the Business Plan for Acquisition of Investment Property.

    Alternatively, you can view a hard copy of the Business Plan at the city’s... Continue reading

    The City of Subiaco is inviting public submissions on its Business Plan – Proposed Major Land Transaction – Acquisition of Investment Property.

    The City of Subiaco owns a number of investment properties and intends to acquire additional real property assets to add to its investment portfolio.

    This Business Plan provides an overall assessment of the major land transaction being the acquisition of property for the common purpose of growing and diversifying the City’s property investment portfolio.

    Download the Business Plan for Acquisition of Investment Property.

    Alternatively, you can view a hard copy of the Business Plan at the city’s Administration Centre, 241 Rokeby Road, Subiaco, or at Subiaco Library, 237 Rokeby Road, Subiaco, during normal operating times.

    Comment on the plan can be made via the online submission form, or in writing to the Chief Executive Officer. Submissions should be in writing marked “Business Plan - Acquisition of Investment Property".

    Public comment closes at 5pm on Wednesday 11 October 2017.

    If you have any queries please contact Alice Kavanagh, Coordinator Land and Property, on 08 9237 9243.