Freo's View

DETAILS OF WALYALUP CIVIC CENTRE FINANCES

 

This Wednesday’s FPOL Committee of Fremantle Council will address some items concerning the Annual Electors Meeting, which was held early this year. This one concerning the finances of the new Walyalup Civic Centre. Below an edited version of the agenda item.

This report considers a motion moved at the Annual General Meeting of Electors on 9 March 2020 which recommended that:

It is proposed that the City of Fremantle engage the Auditor General to conduct a Post Investment Review of the construction of the new Civic Administration building in Kings Square, and provide a public report as to whether it has been implemented in accordance with the approved 2012 Kings Square Business Case, and whether the $50 million project investment has been in the best interest of Fremantle ratepayers.

The report should highlight any differences between the 2012 Business Case, as approved by Council, with particular focus on the following:

  • Has the total cost of the Admin building been constrained to the cost stated in the 2012 Business Case, including all cost associated with the projects dating back to the approval of the Business Case by Council in early 2013?
  • Has the City of Fremantle been successful in delivering on its financial risk management strategy, where it clearly stated that all cost over-runs would be managed via a fixed price contract for the building construction, where the contractor would be liable for cost overruns not the City of Fremantle?
  • Was the Admin building funded via Project Financing, as clearly stated in the 2012 Business Case, whereby the project would not require funds to be drawn from the City’s other sources of financing. In other words, was any debt associated with the project ring-fenced to the project itself rather than putting an additional debt burden on Fremantle ratepayers?

The Kings Square Business Plan was prepared for Council and publicly advertised in the second half of 2012 and adopted by Council in February 2013. The Plan provided the following costs for the construction of the new civic building;

Civic Centre and Library $16,779,883

Administration $27,564,642

TOTAL $44,344,525

These costs included demolition, base build and fit-out.

When budgeting for these works in subsequent years the City applied the Consumer Price Index (Perth) increases to the figures used in the original Plan. These were applied as follows;

Year

2014/15: $45,807,894

2015/16: $46,357,589

2016/17: $46,589,377

2017/18: $46,915,502

In late 2017 the City awarded a contract for the demolition of the former civic building and in late 2018 awarded a contract for the construction of the new civic, library and administration building and more recently a contract for additional furniture not contained in the construction contract. These amounts were for;

Demolition $ 2,383,743

Civic, Library, Administration $43,461,128

Additional Fit out/Furniture* $ 661,000

TOTAL $46,505,871

*(Not included in construction contract).

The project has been funded through reserve funds generated from the sale of property and debt funding as described in the Plan as below;

Reserves $29,550,000

Loan $20,000,000

TOTAL $49,550,000

Council meetings are in situ again and open to the public at the North Fremantle Community Centre, starting at 6pm.

Roel Loopers

 

STUNNING MORNING IN FREMANTLE

 

City 1

City 2

City 3

 

What a stunning morning in Fremantle! It was crisp on my way to Chalkys cafe, but the walk back home was worth coping with the chill when I took these three photos of our beautiful city.

Roel Loopers

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A NEW PERSPECTIVE OF FREMANTLE

 

Progress

 

An interesting perspective of Fremantle’s Kings Square Redevelopment Project and other changes.  A former synagogue that now is a great pub, a church that remains a church, Fremantle Markets that needs some TLC, a carpark with a new artwork, a former cinema now home of the Department of Communities, a former department store now government offices, and the cranes of Fremantle Port, that might no longer be a port in the near future

Progress of cities, good and bad, is inevitable and always fascinating to watch. Way back, as a commercial photographer I recorded the huge changes in East Perth for years and later, for over a decade, the Midland redevelopment.

It always intrigued me how many very good changes are diminished by a few bad ones. City planning is not easy and it’s impossible to please everyone.

Time will tell if the Fremantle changes will bring the revitalisation of our city, that is badly needed and we all hope for.

Roel Loopers

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POPULAR NEWMAN COURT

 

Newman Court

 

Fantastic to see many people using Newman Court, between FOMO and the under construction Walyalup Civic Centre, at Kings Square. Freo activation is actually happening.

Roel Loopers

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GLASS PANELS INSTALLED AT WALYALUP CIVIC CENTRE

 

WCC

 

Following in the footsteps of big brother the West Australian newspapers, that proclaims exclusivity whenever it reports a dog fart, I yell and scream and wave my arms and declare EXCLUSIVE! ;>))

Yep, the first photo of the installation of the large glass panels at the Kings Square entrance of the City of Fremantle Walyalup Civic Centre, which is under construction, and nearing completion, at our city square.

Roel Loopers

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THE REALISATION OF A FREMANTLE VISION

 

KS 1

KS 5

KS 4

 

I had a walk around Fremantle’s Kings Square this morning to check out the progress of the Walyalup Civic Centre development.

Good to see the tourist Visitor Centre is open and Sirona Capital promoting the FOMO brand for the future retail and hospitality hub.

It is interesting that over the last few weeks I have bumped into many people, who told me how much they like Freo and its lifestyle and the sense of community we have here. I totally agree. While good old Fremantle most definitely is not perfect, it is a great place to live and visit.

Roel Loopers

FOMO CAR PARK BRIGHTENS FREO CITY

 

FOMO

 

It’s a bit of a dreary old Freo day with showers and strong cold wins, so have some colour in your life to celebrate the end of the working week.

Roel Loopers

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MORE FOMO BRANDING IN FREMANTLE

 

 

Sirona Capital is doing more branding at the Kings Square Redevelopment project by putting new signs up, and also changing the name from Queensgate carpark to Kings Square carpark.

It is all part of the FOMO retail and hospitality concept that might open late this year or in the first quarter of 2021.

Roel Loopers

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FREMANTLE CARPARK LOTS OF DOTS

dots 1

 

More mural art is going up at the FOMO carpark in William Street, as part of the Kings Square Redevelopment project by Sirona Capital.

Roel Loopers

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KINGS SQUARE LOOKING IMPRESSIVE

 

KS 1

KS 2

KS 3

 

Sirona Capital is adding some definition at street level of the Henderson Street carpark, with the installation of windows, and that looks a lot better than the black hoardings.

At The Walyalup Civic Centre detailed work has started on the main Kings Square entrance and brickwork. Personally I can’t wait for our new council building to open later this year.

Roel Loopers

 

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