Proposed amendment to Operational Plan 2017-18

At its meeting on 27 September 2017, Council agreed to proceed with the development of the Queanbeyan Head Office and Smart Hub in the Lowe St carpark. At the time of the adoption of the Operational Plan, Council had allocated $25m for the head office, however a change of the scope of the project to include an office tenancy, smart hub and new public domain has increased the budget required for this project.

This has taken the building to six stories, with two allocated to a major tenant and three to Council offices, Council Chambers and meeting rooms, while one storey is dedicated to the smart hub.

Council is now intending to borrow $39m for the construction of the Queanbeyan Head Office and Smart Hub, and associated carparking and public domain. The remainder of the development would be funded via contributions from the Queanbeyan reserves (including $11.3m from water and sewer) and other sources as shown in the table below.

In line with the Local Government Act 1993, Council is required to publicly exhibit any significant changes it proposes to make to its adopted Operational Plan.

Comments on the proposed amendment to the Operational Plan 2017-18 will be accepted from 29 September 2017 until 27 October 2017.

We have previously exhibited concept plans for the building and these can be viewed here.