2018/9705 - 347 Calderwood Road, Calderwood

The Planning Agreement provides that the Developer will make a monetary contribution of $58,247 per hectare of net developable area (subject to indexation in accordance with the Planning Agreement) for the purposes of the provision of designated State public infrastructure within the meaning of clause 30 of Part 28, Schedule 3 of State Environmental Planning Policy (State Significant Precincts) 2005 (SEPP). The monetary contribution will be payable per hectare of Net Developable Area for any part of the Land to which a Subdivision Certificate application relates, in accordance with Schedule 4 to the Planning Agreement. The objective of the Planning Agreement is to facilitate the delivery of the Developer’s contributions towards the provision of infrastructure, facilities and services referred to clause 30 of Part 28, Schedule 3 of the SEPP.