❓ Mr. Wyatt questions the sale of government land to Crown for less than its stated value, seeking details on valuations, Treasury's involvement, remediation costs, and justification for the discounted sale price. The answer refers to another question, suggesting a related inquiry.
AnsweredQoN 8450Legislative Assembly
QuestionView source ↗
I refer to the decision to sell 5.8 ha of Government-owned land to Crown for $60 million for the purposes of a new hotel and the Premier's statement in
The West Australian
on 2 August 2012 that the unencumbered value of the land being sold was $95 million, and I ask:
(a) who provided the Government with the valuation of the land;
(b) on what date was the valuation conducted and provided to the Government;
(c) did Treasury provide any valuation of the land to the Government, and if so, what was that valuation;
(d) did Treasury provide any advice to the Government about the sale of the land, and if so, what was the nature of that advice;
(e) did the valuation of the land referred to by the Premier take into consideration the fact that the land would need to be remediated, and if yes, what was the estimated cost of the remediation; and
(f) on what basis did the Government assess that the land should be sold for less than the encumbered value and what monetary value does the Government put to each reason?
The West Australian
on 2 August 2012 that the unencumbered value of the land being sold was $95 million, and I ask:
(a) who provided the Government with the valuation of the land;
(b) on what date was the valuation conducted and provided to the Government;
(c) did Treasury provide any valuation of the land to the Government, and if so, what was that valuation;
(d) did Treasury provide any advice to the Government about the sale of the land, and if so, what was the nature of that advice;
(e) did the valuation of the land referred to by the Premier take into consideration the fact that the land would need to be remediated, and if yes, what was the estimated cost of the remediation; and
(f) on what basis did the Government assess that the land should be sold for less than the encumbered value and what monetary value does the Government put to each reason?
AnswerView source ↗
Answered
13 September 2012
Response time
35 days
Please refer to Legislative Assembly Question on Notice 8449.
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Notice: This document is created or edited using unregistered or evaluation copy of rtLib valid for testing or development purposes only. To use it for productive or any other purposes please register it. You may purchase the license on
http://www.rtlib.com
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