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Sopa Cover Spread 03Sydney Olympic Park Authority Annual Report 2002/03 Contents 3 01 Introduction Letter to the Minister Chairman’s Overview CEO’s Report 10 02 Sydney Olympic Park Authority Board Board Meetings Attendance Record Corporate Governance Organisational Structure 15 03 Building for the Future 2003-08 Corporate Plan Unique Regional Position Framework for a smart community Vision 2025 Working closely with our neighbours 20 04 Sense of Place Parklands 2020 Parklands Plan of Management Parklands Events Program Tour Program Education Program Parkland Tour Development Research Programs A Diverse Place 26 05 Sustainable Community Sustainability Policy Sustainability Strategy Waste Reduction and Purchasing Plan Social Sustainability 29 06 Developing the Place Building a Town Commercial Services Asset Management 34 07 Developing Our Business A Sports Town A Learning Community An Intelligent Community 38 08 Managing the Place Place Management An Events Town and Arts Community 40 09 Support Services Marketing and Corporate Communications Corporate Services Financial Services 46 10 Financial Statements Statement of Cash Flows Notes to the Financial Statements Summary of Compliance with Financial Directives 68 11 Appendices Terry Milham Senior Field Officer Place Management 2 Letter to the Minister Sydney Olympic Park Authority The Hon Sandra Nori, MP Parliament House Macquarie Street is consolidating a vision that SYDNEY NSW 2000 Dear Minister, will position Sydney Olympic The Sydney Olympic Park Authority has pleasure in submitting to you its Annual Report for the period 1 July 2002 to 30 June 2003 for presentation to Parliament. Park for the next 20 years of The report is submitted in accordance with Section 9A (a) of the Annual Reports (Statutory Bodies) Act 1984. its post-Olympic life. Our Yours sincerely, highly committed team of Brian Newman Chief Executive Officer Sydney Olympic Park Authority professionals are motivated by David Richmond AO the knowledge that they are Chairman Sydney Olympic Park Authority creating a place that will meet a unique range of community aspirations for generations. LEFT Ann Hinchcliffe Manager, Strategic Projects & Planning Parklands Placemaking RIGHT David Fenton Manager, Events and Entertainment Place Management 2 3 Chairman’s Overview During the last twelve months, We are consolidating a vision that Our work this year would not have I am privileged to have been part of largest solar powered townships. The extraordinary diversity of people the team at Sydney Olympic will position Sydney Olympic Park been possible without support from this process since 1995, when the The entire precinct is served by a who come to Sydney Olympic Park Park Authority has focused on for the next 20 years of its post- Minister Nori and the total Olympic Coordination Authority network of high performance now and in the future – to live, developing the concepts and Olympic life. It is work that involves commitment and dedication of the became responsible for planning for optical fibre cabling and is less than work, play and learn – gives the strategies that will guide our the design of forms, functions and SOPA Board, and of our highly- the 2000 Olympics. Through each 20 kilometres by road, rail or river to place one of its finest dimensions. creation of a vibrant and values for the new town, the skilled team of executives and staff. phase of Sydney Olympic Park’s ‘pre- Sydney and Parramatta CBDs and As SOPA continues to work closely refinement of business objectives Olympic’,‘Olympic’ and ‘post- Sydney Airport. with on-site venues and partners in sustainable town at Sydney The SOPA team is genuinely excited for our economic development Olympic’ life cycle, our long-term our marketing and management of Olympic Park. to have this once-in-a-lifetime Our ‘next door neighbours’ – strategy, and the establishment of goal has always been the creation of the place, to maximise business opportunity to create a community Parramatta, Auburn and Lidcombe core values and beliefs that must be an environment that will serve the opportunities for both, we will that will endure as a world class and new developments at Rhodes embodied by the organisation if we community in perpetuity. ensure that investment in Sydney example of intelligent placemaking. Peninsula and Homebush Bay West are to engage the attention, Olympic Park continues to bring The planning and development of Today, Sydney Olympic Park enjoys – have also reaped significant imagination and confidence of the maximum benefit to the Sydney Olympic Park is a major the Olympic legacy of world class benefits from the impact of the broader community. community. undertaking that needs total event facilities and exceptional Games and continue to enjoy Sydney Importantly, we have also commitment from our team of architecture and infrastructure. This Olympic Park’s burgeoning range of commenced the development professionals – and the vision of 640 hectare site in the geographic events and facilities. For example, process. In May 2003 the Hon individuals who are motivated by heart of metropolitan Sydney over 5.5 million visitors participated David Richmond AO Sandra Nori MP, Minister for Tourism the knowledge they are creating a embraces 425 hectares of one of the in 1,759 leisure, cultural and business Chairman and Minister for Sport and place that will meet a unique range largest ecologically significant events at Sydney Olympic Park Sydney Olympic Park Authority Recreation, announced successful of community aspirations for parklands in the world, contains one during 2002-03. And in October tenders for a $470 million generations. of the world’s largest urban water 2003, we will welcome 700,000 commercial and residential recycling systems, runs off three people to Telstra Stadium for the development at Sydney Olympic Park. interdependent systems of power 2003 Rugby World Cup – the world’s and features one of the world’s largest sporting event of the year. Sydney Olympic Park enjoys the Olympic legacy of world class event facilities and exceptional David Richmond AO Chairman architecture and infrastructure Sydney Olympic Park Authority 4 5 CEO’s Report The recognition of Sydney Olympic An essential part of the place- sports retail, sports culture, The year in review was a Park as a town – a significant and making function of SOPA has been recreation sports and many more. vibrant urban centre located 14km the definition of an economic We will proactively promote these seminal year for the Sydney west of Sydney CBD and 8km east of development strategy for Sydney six themes by building on those Parramatta CBD – represents a Olympic Park. The strategy is Olympic Park Authority. We laid characteristics that are unique to major step in our understanding of structured around the promotion of Sydney Olympic Park, and offer a how this place will evolve and how six ‘themes’, namely: sport; health, the building blocks for our clear competitive advantage. it should be managed. leisure and wellbeing; education; environment and nature; science Together these highly integrated future and achieved major During the year we reviewed our and technology; and culture, the themes will provide Sydney Olympic vision for the physical form, arts and entertainment. Park with a sustainable business results. Our mission is now clear functions, beliefs and values that model. For example, with the NSW will characterise Sydney Olympic We believe Sydney Olympic Park has – to develop and maintain, to Department of Sport & Recreation, Park and our place leadership role. a competitive advantage in each of we are developing the concept for The review has entailed further these themes, especially in sport, international standards, a Sports House, a State centre for refinement of our functions of where we are seeking to establish a sports administration that will placemaking and place unique sports industry model that unique integrated town called attract a range of amateur and management as we develop harnesses the potential of all professional sports organisations Sydney Olympic Park. Sydney Olympic Park and manage dimensions of sport – including into the precinct, to help consolidate its day-to-day operations. sports education, sports Sydney Olympic Park's position as administration, sports science, Australia's premier sports destination. Our mission is now clear Brian Newman Chief Executive Officer Sydney Olympic Park Authority 6 7 ...to develop and maintain, to international standards, a unique integrated town called Sydney Olympic Park One of our great challenges going the next four to seven years – and areas and a library of information 2002-03 also saw the development rugby union, AFL, rugby league, vibrant, economically sustainable forward is to communicate a new the establishment of retail shops, on the fascinating social and industrial of Sydney Olympic Park's brand open-air performances and motor town – will take time. I am message – that Sydney Olympic Park restaurants and cafes at the eastern history of this special place. strategy and the definition of key events, Telstra Stadium showed why unreservedly confident that the is no longer a mono-experiential end of Olympic Station. This market segments for which we will it is one of the most flexible and years ahead will see positive We continued to play an important destination for world class sporting development will achieve the be developing new products and most used facilities in the world. developments in the realisation of role in the education sector during
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