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Legislative Assembly for the ACT: 1999 Week 7 Hansard (2 July) . . Page.. 2256 ..
(10) Will residents be given priority housing if a new owner were to put rent beyond the residents financial capacity.
(11) Will any financial assistance be provided to current residents if they have to move as
a result of the transfer to private ownership.
(12) Can you provide a copy of the profit and loss, balance sheet, cash flow statements and
notes to the accounts for the park for the last three years. If not,
(a) what is the annual operating profit (loss) of the park;
(b) what is the net asset value of the Park;
(c) what are the administrative expenses of the Park;
(d) what is the gross annual revenue of the Park; and
(e) what is the annual depreciation charge for the Park.
(13) Has an assessment been undertaken of the potential sale value of the Park, ahead of
the tender being sought.
(a) if so, what was that value.
(b) if not, what is the minimum value that the government will accept.
(14) What is the minimum value as dictated by the Park's earning capacity under the
current arrangements.
(15) Has the Government assessed the option of sub-leases and/or strata titles under the
Land (Planning and Environment) Act, as amended on 22 August 1995.
(16) Has any party expressed interest in purchasing the property. If yes, when was that
interest first communicated to any member of the Government or the Administration.
Mr Smyth
: The answer to the Member's questions as at 21 June 1999 is as follows:(1) (a) 153.
(b) Unknown. There are 140 adults and 13 children.
(c) Unknown.
(d) Unknown.
(e) Approximately 7 years.
(2) No.
(3) Eight applicants who applied for housing assistance satisfied ACT Housing's
eligibility criteria. One applicant did not satisfy the criteria. It is unknown how many of the remaining residents would satisfy the criteria until they apply for housing assistance.
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