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Consultation has concluded
Council is consulting with the community on a revised Works Schedule associated with the current adopted Section 7.11 Development Contributions Plan (formerly known as the Section 94 Plan).
The last comprehensive review of the Lane Cove Section 94 Contributions Plan Works Schedule was undertaken in 2013, following the development contributions capping of $20,000 per residential dwelling which was imposed by the State Government on most councils in NSW, including Lane Cove Council.
In 2013, the Lane Cove Section 94 Contributions Plan had an adopted Works Schedule value totaling $192.6m (refer to Important Links for Existing Plan).
After adjusting for works that have been either completed or for projects proposed to be included in the future and the impacts of the $20,000 developer contribution cap, the revised Works Schedule totals $104.4m in 2023 dollar terms (based on Sydney CPI increases, as permitted within the Plan). Refer to Important Links for Revised Plan.
In addition, the revised Works Schedule aligns with the lands that have been identified for acquisition in the 2009 LEP and attributes values to those lands that reflect current market conditions.
A Frequently Asked Questions (FAQ) document has been developed to assist the community understand how Development Contributions Plans and their associated Works Schedules operate. This can be found on the right hand side of this page.
This consultation will conclude Sunday 20 August 2023.
Council is consulting with the community on a revised Works Schedule associated with the current adopted Section 7.11 Development Contributions Plan (formerly known as the Section 94 Plan).
The last comprehensive review of the Lane Cove Section 94 Contributions Plan Works Schedule was undertaken in 2013, following the development contributions capping of $20,000 per residential dwelling which was imposed by the State Government on most councils in NSW, including Lane Cove Council.
In 2013, the Lane Cove Section 94 Contributions Plan had an adopted Works Schedule value totaling $192.6m (refer to Important Links for Existing Plan).
After adjusting for works that have been either completed or for projects proposed to be included in the future and the impacts of the $20,000 developer contribution cap, the revised Works Schedule totals $104.4m in 2023 dollar terms (based on Sydney CPI increases, as permitted within the Plan). Refer to Important Links for Revised Plan.
In addition, the revised Works Schedule aligns with the lands that have been identified for acquisition in the 2009 LEP and attributes values to those lands that reflect current market conditions.
A Frequently Asked Questions (FAQ) document has been developed to assist the community understand how Development Contributions Plans and their associated Works Schedules operate. This can be found on the right hand side of this page.
This consultation will conclude Sunday 20 August 2023.
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