65 WELLS STREET PITT TOWN 2756 1145 CG Pty Ltd Planning Agreement

The Developer is seeking to subdivide the Subject Land into approximately 30 residential lots to be delivered over two stages, remove all existing structures and vegetation, and construct associated roads, drainage and utility infrastructure, and undertake associated street landscaping works, generally in accordance with DA0151/23 lodged with Hawkesbury City Council (Proposed Development).

The Planning Agreement provides that the Developer will make a monetary contribution of $12,986 per residential lot (subject to indexation in accordance with the Planning

Agreement) (Development Contribution) for the purposes of the provision of designated State public infrastructure in accordance with clause 6.8 of Hawksbury Local Environmental Plan 2012 (LEP). This clause, despite its repeal, continues to apply to the development application by virtue of clause 4 of State Environmental Planning Policy Amendment (Housing and Productivity Contributions) 2023.

The Development Contribution will be payable prior to the issue of the relevant Subdivision Certificate in accordance with clause 3 of Schedule 4 of the Planning Agreement.

The objective of the Planning Agreement is to facilitate the delivery of the Developer’s contributions towards the provision of designated State public infrastructure referred.