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Legislative Assembly for the ACT: 2001 Week 3 Hansard (8 March) . . Page.. 886 ..

A formal offer of lease was made by the Territory in December 1998. Extensions were granted to accept the offer but the company was unable to proceed with the offer and withdrew from negotiations on 28 July 1999.

The site was then prepared for public auction on 16 December 1999. The site was passed in when bidding failed to reach reserve. Following. a review of the development conditions and valuation, the site sold at auction on 29 June 2000 with settlement in 56 days. The settlement was extended to 18 October 2000 to enable the Territory to remove underground heating oil tanks as directed by the Dangerous Goods Unit.

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