2011/4737 - Sovereign Views

The Developer proposes a 109 residential lot subdivision of land which is located at Thrumster, in the Local Government Area of Port Macquarie-Hastings. The Planning Agreement applies to the following land : Lot 31 Deposited Plan 1132313

The Planning Agreement provides that the Owner will provide a contribution towards regional infrastructure which will be required as a consequence of the Development of $2047 per residential lot (or
$1365 for each residential lot for which the levy is paid on or before 30 June 2011), on the terms of the Planning Agreement. It is intended that these funds will contribute towards regional roads serving the Development and the acquisition of a public school site at Thrumster.