At the Ordinary Council Meeting held on Tuesday 28 October 2025, Council resolved to use $355,393.48 from the Town’s Future Fund Reserve to repay a Western Australian Treasury Corporation (WATC) loan.
At the Ordinary Council Meeting held on Tuesday 28 October 2025, Council resolved to use $355,393.48 from the Town’s Future Fund Reserve to repay a Western Australian Treasury Corporation (WATC) loan.
The loan was established in 2010 to fund refurbishment of the Aquatic Centre and is otherwise due to mature in December 2030.
For more detail about this matter, refer to the minutes of the 28 October 2025 Council Meeting available at https://www.claremont.wa.gov.au/council/council-meetings/agendas-and-minutes/.
Queries can be directed to the Town by emailing toc@claremont.wa.gov.au or calling 08 9285 4300.
This notice is given in accordance with section 6.11(2) of the Local Government Act 1995, which requires local public notice of a proposal to use money in a reserve account for another purpose.
Tim Clynch
Interim Chief Executive Officer
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