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Legislative Assembly for the ACT: 2001 Week 8 Hansard (9 August) . . Page.. 2927 ..

ACTTAB has been unable to secure long-term tenants for the unused floorspace (mainly due to the internal structure and current state of the building). ACTTAB is also conscious that a role of a property manager is not part of ACTTAB's core business, nor it is a role that it would pursue under optimal conditions.

(7) I am advised that ACTTAB has received no specific advice in relation to estimated operational efficiencies.

(8) Refer to Item 7.

(9) I am advised by the ACTTAB Board that if the Head Office facility at Dickson is to be sold it will be via a public auction. The auction will be subject to a reserve price and if that price is not met at auction, ACTTAB will negotiate with the highest bidder. If that bidder does not meet the reserve, ACTTAB reserves the right to sell the property to any interested party for the reserve price.

(10) Refer to Item 9.

(11) ACTTAB advise that valuations as at March 2001 have been provided by:

McCann & Associates; and

Ray L Davis.

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