Sour note over quay

The Metropolitan Redevelopment Authority has control over the Elizabeth Quay project and negotiates commercial deals.

But Ms Scaffidi said she would have liked to have provided input given the food and beverage outlets would be essential to the City to offset the high costs of maintenance, depreciation, regulation and activation of the precinct.

�We are worried that there is still an expectation for the City of Perth to be servicing the area from day one, without being recompensed or benefiting from the revenue streams of the food and beverage outlets,� Ms Scaffidi said.

�The MRA has yet to notify us on what assets the City will be responsible for servicing, and what level of service will be required.�

According to Ms Scaffidi, the City�s financial modelling showed revenue rates from private lots would not cover the cost of maintenance and depreciation of assets.

The City is preparing a report for council that will help formulate a service level agreement as soon as possible, to make sure it can meet the costs associated with its responsibility of servicing assets at Elizabeth Quay.