Formal process to secure new leasehold tenant for Muni Arts Centre
The Council will open the formal process to secure a new leasehold tenant for the Muni Arts Centre from Monday (January 14).
The 14-day ‘window of opportunity’ will allow interested parties to formally submit their expression of interest to deliver a sustainable future for the Muni Arts Centre as an artistic entertainment venue.
The commencement of this process is another important step to ensure the Muni re-opens its doors. The Council will aim to work with a preferred tenant by March 2019, with a view to completing a leasehold transfer by May 2019 (which may be subject to change depending on the proposals received).
Interested parties will be required to enter an agreement for a minimum 10-year leasehold transfer of the building.
The final date for submission of completed expressions of interest will be Wednesday, January 30, 2019 – by 5pm.
Selected organisations will then be notified, and they will have a further six weeks to provide a fully-costed Business Plan, which will need to evidence that their proposals meet the needs of the Council and community, and are both viable and sustainable.
Please note, expression of interest forms will be made available on the Council’s website from Wednesday, January 16.