Sewer pumps may be renewed

Six sewer pump stations in the Peninsula area may be renewed as part of round two of the Local Infrastructure Renewal Scheme.

The program aims to provide a three per cent interest subsidy to assist Council with legitimate infrastructure backlogs to cover the cost of borrowing.

Gosford Council was successful in the first round of the Local Infrastructure Renewal Scheme program securing subsidies that addressed a backlog in building and roads infrastructure renewals.

The annual financial statements indicated that Council had a backlog as at June 30 of $40.5 million capital works to bring sewerage infrastructure to a satisfactory standard.

The Sewer Pump Stations Asset Management Plan would require a loan amount of $17,209,790 with a contingency of $860,000 and a three per cent financial subsidy of $2,979,974.

Three of the sewer pump stations considered for renewal are located in Woy Woy while others are located in Blackwall, Ettalong and Umina.

Gosford Council Agenda COR.122, 27 Nov 2012