6R BUNGLEGUMBIE ROAD DUBBO 2830 North West Precinct Community Pty Ltd Planning Agreement

The Planning Agreement applies to Lot 51 in Deposited Plan 1282381, Lot 7 in DepositedPlan 250606 and to that part of Lot 15 in Deposited Plan 1285243 as shown marked in
Annexure A to the Planning Agreement, known as 6R Bunglegumbie Road, Dubbo 2830 (Subject Land).

The Developer is seeking to:
(a) subdivide the Subject Land in stages into approximately 169 lots, including 145 residential lots, 24 residual allotments for future development, and the carrying out of associated infrastructure, generally in accordance with the plan in Schedule 6 of the Planning Agreement and DA/2023-628 lodged with Dubbo Regional Council; and;
(b) further subdivide the residual allotments created under DA/2023-628, in accordance with future Development Applications to be lodged with Dubbo Regional Council into residential lots, open space and roads (the Proposed Development).

The Developer has made an offer to the Minister to enter into the Planning Agreement in connection with the Proposed Development.

The Planning Agreement provides that the Developer will make a monetary contribution of $3,740 per residential lot (subject to indexation in accordance with the Planning Agreement) (Development Contribution) for the purposes of the provision of designated State public infrastructure in accordance with clause 6.1 of Dubbo Regional Local Environmental Plan 2022 (LEP).

The Development Contribution will be payable prior to the issue of each relevant subdivision certificate in accordance with Schedule 4 to the Planning Agreement.

The Developer is required to provide a $20,000 bank guarantee in accordance with Schedule 5 to the Planning Agreement.

The objective of the Planning Agreement is to facilitate the delivery of the Developer’s contributions towards the provisions of designated State public infrastructure referred to in clause 6.1 of the LEP.

No relevant capital works program by the Minister is associated with the Planning Agreement.