Inner-Melbourne residents are outraged about a council's plan to increase the authority of the executive to sell-off council-owned property with no say from councillors.
Yarra City Council's draft property strategy for the next five years includes a plan to give the chief executive officer and chief financial officer authority to approve sales of council land and buildings of up to $10 million. Queens Parade, Clifton Hill is part of the City of Yarra, where councillors are soon to vote on a new property strategy.The draft property strategy would also give the Yarra CEO, who is currently Sue Wilkinson, the power to approve any purchases up to $10 million."The power to dispose of $10 million worth of assets shouldn't be in the hands of an employee, it should be in the hands of an elected councillor.
Edinburgh Gardens in Fitzroy North, in the City of Yarra, where councillors are going to vote on the draft property proposal.A report completed in June 2022 detailing the City of Yarra's financial performance was published on Friday, following a lengthy campaign to make it public. Yarra City Council currently owns or controls about 345 properties valued at more than $1.2 billion, with its draft property strategy noting the portfolio to be one of Yarra's "most valuable assets."Councillor Stephen Jolly said he believed the City of Yarra executive team may be looking to sell off property to fix the council's "financial crisis", with the proposal an attempt to further limit public scrutiny.
But, in a statement to the ABC, it pointed out the draft property strategy had still yet to be endorsed.
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