On Wednesday questions on notice were given to the Minister for Local Government in parliament, in regards to City of Fremantle’s (COF) Kings Square plan.
I wonder how long to see what response the Ministers office will have?
Interesting timing with last nights withdrawal of the request for the COF to invest in another business venture in the north side of freo, which was well commented on in Roel’s freoview blog post “Fremantle City To Bailout Heirloom Project“?
Here is the link to WA parliaments hansard on the questions.
|Question On Notice No. 3834 asked in the Legislative Assembly on 25 March 2015 by Mr P.C. Tinley
Question Directed to the: Minister for Local Government
Question Directed to: Hon A.J. Simpson
Minister responding: Hon A.J. Simpson
Parliament: 39 Session: 1
(1) Is the Minister aware of community concerns over how the City of Fremantle has represented the financial implications of their $45 million investment of ratepayer funds in its Kings Square Business Plan, and if so, what action has the Minister taken to address these concerns?
(2) Has the Minister directed the City of Fremantle to answer legitimate ratepayer questions concerning the Kings Square Business Plan, and if not, why not?
(3) Has the Minister conducted a full and proper investigation into the questions raised with regard to the Kings Square Business Plan:
(a) if so, what were the findings; and
(b) if not, why not?
(4) Is the Minister satisfied that the Kings Square Business Plan:
(a) accurately represents the financial implications that the $45 million project will have on the City of Fremantle’s asset base; and
(b) correctly represents the rate of return and net present value derived from this investment of ratepayer funds?
(5) Is the Minister satisfied that the Kings Square Business Plan contains sufficient detail for ratepayers and Councillors to properly understand whether this project increases or decreases the asset base of the City of Fremantle, and if so, for what reason?