Finance and Governance Committee - 13 Jul 2026

Topics

• Council approves acquisition of 1 Carrington Avenue property in Hurstville
  Georges River Council has approved the proposed acquisition of a property at 1 Carrington Avenue, Hurstville, with funding for the purchase and future works to come from the approved budget and funding source outlined in the confidential report.
  The purchase will add council-owned operational land in Hurstville and commit council funds, although the report did not disclose the purchase price or future works.

Decisions

• Investment Report noted
  Council received and noted the Investment Report as at 31 May 2026.
  This records the committee’s consideration of council’s investment position without identifying any change to rates, fees or services.
• Acquisition of 1 Carrington Avenue approved
  Council confirmed the closed-session recommendation to acquire Lot A in DP386600 at 1 Carrington Avenue, Hurstville, approve the associated budget and funding source, authorise execution of the sale and transfer documents, and classify the land as operational after settlement.
  The decision involves council spending and establishes the future status of the acquired land.

Discussion

• Council investment report noted
  The committee received and noted the Investment Report as at 31 May 2026.
  Provides a formal update on council’s investments, although no investment figures or changes were included in the extracted text.
• Hurstville property acquisition approved
  Council confirmed the confidential recommendation to acquire Lot A in DP386600 at 1 Carrington Avenue, Hurstville. The General Manager was authorised to sign the contract and transfer, the budget and funding source were approved, and the land is to be classified as operational land after settlement.
  The decision commits council resources to a property acquisition and may support future council works in Hurstville.
• Commercial details of property purchase remain confidential
  The property matter was considered in closed session under Section 10A(2)(c) of the Local Government Act 1993 because disclosure could confer a commercial advantage.
  The public outcome was recorded, but key commercial details such as the purchase price were not disclosed in the extracted minutes.

Impacts

• Council will acquire a property at 1 Carrington Avenue, Hurstville, using an approved budget and funding source.
• The acquired land is intended to be classified as operational land after settlement.
• The minutes do not disclose the purchase price, detailed funding amount or planned future works.

Places

• 1 Carrington Avenue, Hurstville (property)
  Proposed acquisition of Lot A in DP386600 and future works
• Georges River Civic Centre, Hurstville (civic facility)
  Meeting venue and council administration centre

Next

• General Manager to sign the contract for sale and transfer for Lot A in DP386600.
  Following the committee and council resolution, subject to settlement
• Complete settlement and classify the acquired land as operational land under Section 31(2) of the Local Government Act 1993.
  After settlement
• Implement the approved budget and funding source for the acquisition and future works.
  Following approval and acquisition

Extract

MINUTES Finance and Governance Committee Monday, 13 July 2026 Dragon Room Georges River Civic Centre Hurstville Georges River Council - Minutes of Finance and Governance Committee Meeting - 13 July 2026 PRESENT COUNCIL MEMBERS The Mayor, Councillor Elise Borg, Councillor Christina Jamieson (Chair), Councillor Matthew Allison, Councillor Elaina Anzellotti, Councillor Oliver Dimoski, Councillor Thomas Gao, Councillor Gerard Hayes, Councillor Kathryn Landsberry, Councillor Nancy Liu, Councillor Natalie Mort, Councillor Leon Pun, Deputy Mayor, Councillor Sam Stratikopoulos, and Councillor Ben Wang. COUNCIL STAFF General Manager – David Tuxford, A/Director Assets and Infrastructure – Sam Lindsay...