Minister gives Council scope to use developer contributions to create jobs

Developer contributions must be used on related projects. Image Archive Wyong Shire Council 2015Developer contributions must be used on related projects. Image Archive Wyong Shire Council 2015. Archive image 2015

Central Coast Council is compiling a list of projects it could spend developer contribution funding on, and the list will go to the State Planning Minister within six weeks for sign off.

The move comes after NSW Planning Minister, Rob Stokes, announced legislative changes to provide councils with more flexibility to invest funds in community infrastructure during the COVID-19 pandemic.

Stokes said councils with significant funds were to prepare a works plan detailing how they would invest money in their accounts over the next 18 months, with the aim of increasing local job opportunities.

Stokes said the extra flexibility would let councils quickly invest in public spaces, roads, footpaths, drainage and it would unlock billions across the State.

The changes will permit councils to pool funds across contribution plans, allowing them to bring forward planned projects where all the funds may not yet have been received.

At the council meeting on May 25 Director of Environment and Planning Scott Cox said the Minister gave council six weeks to get back to him with a range of projects that could be done.

Mr Cox said he was working with other departments to see how they could expedite projects.

Cr Rebecca Gale-Collins asked that the list also come back to council in a report.

Source
Agenda Item 2.2
Central Coast Council meeting May 25