❓ A parliamentary question seeks details on the leasing arrangements for the Kwinana Motor Sports Complex, specifically regarding rental fees and maintenance responsibilities. The answer details the fee structure and division of operational responsibilities.
AnsweredQoN 331Legislative Assembly
QuestionView source ↗
(1) What leasing arrangements have been entered into by the Sports Development Trust with other parties for the operation and management of the Kwinana Motor Sports Complex?
(2) If a lease or sub lease has been entered into -
(a) what is the annual rental; and
(b) what conditions have included in the lease in respect to maintenance and operation of the complex?
(2) If a lease or sub lease has been entered into -
(a) what is the annual rental; and
(b) what conditions have included in the lease in respect to maintenance and operation of the complex?
AnswerView source ↗
Answered
12 June 2001
Responded by
Minister for Sport and Recreation
Response time
14 days
(b) what conditions have included in the lease in respect to maintenance and operation of the complex?
2 (a) The annual licence fee is made up of a guaranteed base fee and a percentage of gate takings, food and beverage revenue, venue hire fees and naming rights sponsorship. The total value of the annual licence fee approximates $300,000. 2 (b) The licencee is responsible for all costs associated with maintenance of the venue including capital replacement due to fair wear and tear. The licence is responsible for motorsport operations on nominated dates of the year and the Trust is responsible for operations outside those dates.
2 (b) The licencee is responsible for all costs associated with maintenance of the venue including capital replacement due to fair wear and tear. The licence is responsible for motorsport operations on nominated dates of the year and the Trust is responsible for operations outside those dates.
2 (a) The annual licence fee is made up of a guaranteed base fee and a percentage of gate takings, food and beverage revenue, venue hire fees and naming rights sponsorship. The total value of the annual licence fee approximates $300,000. 2 (b) The licencee is responsible for all costs associated with maintenance of the venue including capital replacement due to fair wear and tear. The licence is responsible for motorsport operations on nominated dates of the year and the Trust is responsible for operations outside those dates.
2 (b) The licencee is responsible for all costs associated with maintenance of the venue including capital replacement due to fair wear and tear. The licence is responsible for motorsport operations on nominated dates of the year and the Trust is responsible for operations outside those dates.
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