2015/8152 - Deed of Amendment - Pitt Town

The Planning Amendment Agreement provides that the Developer will make the following monetary
contributions in connection with the Development for the purposes of the provision of designated State
public infrastructure within the meaning of clause 6.1 of Hawkesbury Local Environmental Plan 2012
(LEP):
1) $5,806,500.00 on the execution of the Planning Amendment Agreement towards road works which is
calculated on the basis of $10,500.00 per residential lot and a yield of 553 such lots within the Bona
Vista, Fernadell, and Cleary Precincts. This includes 546 lots released to date and an estimated 7 future
lots from Cleary Stage 6b; and
2) $92,923.73 on execution of the Planning Amendment Agreement as the final instalment of the DEC
Contribution in accordance with clause 5.4 and Schedule 5 of the Original Agreement.