August 5 - 11, 2018: Issue 370
Pasadena Acquisition Motion Rescinded Owner Rejects Offer To Buy Iconic Venue
On top of that this council decided it will ask if the owners wish to sell; to wit -
'D. Council negotiate with the owner of the Pasadena site and make a commercial offer for the purchase of the Pasadena site, and should this offer be accepted, the Council authorises the carrying out of all things necessary to give effect to this resolution including the execution of any required documentation under power of attorney.
E. The offer referred to in D include a condition that the owner seek to assign any lease of the adjoining crown land to Council.
G. If the offer referred to at D is not accepted, Council notes that the acquisition of the Pasadena site will not proceed and Council write to Minister Stokes MP seeking that the funding allocated to the acquisition be reallocated to the other 10 projects allocated funding in the Stronger Communities Fund, as referred to in Item 6.4 of the 24 October 2017 Council meeting.
H. If the offer referred to at D is accepted, Council develop a Masterplan for the Pasadena site and adjacent land to ensure maximum public benefit into the future.
I. Council write to the relevant minister and seek an extension for the tied grant irrespective of the outcome.'
The formal offer was made on Friday morning, August 3rd. In the afternoon the owner formally rejected the offer, both verbally and in writing. There was no counter offer from the owner, nor a request to negotiate further, and as such Council officers will progress with the consequential parts of the resolution noting that the acquisition process has now concluded.
Councillor Rory Amon said on Saturday August 4th;
“Compulsorily acquiring the Pasadena was an extraordinary financial risk which could have cost council $20 million.”
“The decision to compulsorily acquire the Pasadena was made by the Administrator without any due diligence. It’s unfortunate that it took the elected council so long to unravel this mess.”
“Council made an offer to acquire the Pasadena voluntarily which was rejected. This means the Pasadena will be left alone.”
Another hurdle for the Pasadena owners will be addressed in the Land and Environment Court on August 15th -16th when a group named the Church Point Community Projects Inc. will ask the court to stop what they have stated is 'unauthorised and unlawful use' based on what CPCP says is 'the apparent failure of Northern Beaches Council (NBC) to enforce compliance with the law relating to the site and its use' and 'the appropriation of the adjacent Crown land had not followed due process'.
Pittwater Online understands the owner will not be selling, irrespective of the outcome of the Hearing.
Council's statement to the community runs HERE
Pittwater Online News' History page on the Pasadena runs again this Issue as well.
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