32 LOVELLE STREET MOSS VALE 2577 Prime Moss Vale Pty Ltd Planning Agreement

The Planning Agreement provides that the Developer will make a development contribution by providing a Monetary Contribution of $3,466.67 per Urban Lot created for the purpose of contributing to the provision of designated State public infrastructure in relation to each lot. Part of the Monetary Contribution payable may be offset by the completion of Road Work by the Developer (to the value of $2,406,000). This Road Work will comprise the Intersection Upgrade Works. However, if the Intersection Upgrade Works cannot reasonable be carried out, a proposed modified roundabout design/alternative treatment or arrangement to the satisfactory of Transport for New South Wales may be undertaken.