393-409 John Oxley Drive, Thrumster Mach Management Pty Ltd Planning Agreement

The Developer is seeking to demolish an existing dwelling and shed, subdivide the Subject Land into approximately forty-five (45) vacant residential lots, one (1) public reserve lot, and one (1) lot containing an existing dwelling, and the installation of associated public infrastructure services and roads, generally in accordance with the plan annexed at the end of this explanatory note and Development Application DA/2023/416 lodged with Port Macquarie-Hastings Council (Proposed Development). The Developer has made an offer to the Minister to enter into the Planning Agreement in connection with the Proposed Development.

The Planning Agreement provides that the Developer will make a monetary contribution of $1,715 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 within the meaning of clause 6.1 of Port Macquarie-Hastings Local Environmental Plan 2011 (LEP).

The Development Contribution will be payable on execution of the Planning Agreement in accordance with clause 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 to in
clause 6.1 of the LEP.