Council to consider new contributions plan
Central Coast Council will consider adopting a new regional Local Infrastructure Contribution Plan at its meeting tomorrow night and seeking public comment for 28 days.
The draft contribution plan would revoke the current 2019 regional contribution plan, as well as the "Shirewide Infrastructure, Services and Facilities Development Contribution Plan", and the Civic Improvement Plan.
"On November 23, 2021, Council resolved to revoke 35 local infrastructure contribution plans and undertake a comprehensive review of the Central Coast Regional Section 7.12 Plan 2019," the council report stated.
Under the proposed plan, there is no guarantee that the Peninsula will see any money from developer applications spent on local improvements.
Developers will contribute between $500 and $1000 (0.5 per cent of the value) for developments estimated to cost between $100,000 and $200,000.
They will contribute at twice this rate for developments costing more than $200,000.
For example, a house costing $500,000 would require a contribution of $5000.
The $92.5 million five-year plan allocates a total of $41.5 million to the Gosford City Centre and another $42.5 million to the Central Coast Bike Plan.
None of the projects listed for the bike plan will occur on the Peninsula.
The other $8.5 million are allocated across a range of activities across the region.
However, there is no commitment to any spending on the Peninsula.
SOURCE:
Central Coast Council agenda 3.8, 25 Jul 2023