Post Tagged with: "trust fund"

Port of Sydney Spending or: The Greenfield Site Is Eroding

Port of Sydney Spending or: The Greenfield Site Is Eroding

May 9, 2018 at 11:38 am

Back in April 2017, the Spectator asked the Port of Sydney Development Corporation for a breakdown of spending from its so-called Assumption Fund. The Assumption Fund is a trust fund containing monies (about $2.5 million originally) left over from the 2012 Sydney harbor dredge, a $37 million project funded by threeRead More

What’s Left In The Assumption Fund? We Know!

What’s Left In The Assumption Fund? We Know!

May 10, 2017 at 12:00 pm

I submitted a Freedom of Information/Protection of Privacy (FOIPOP) request to the Port of Sydney Development Corporation to ask for an account balance from the assumption fund — the trust containing monies left over from the 2012 Sydney harbor dredge. I was pleasantly surprised to receive the information from Port CEORead More