2025-26 27 Railway Street, Corrimal

The objective of the Planning Agreement is to facilitate the provision of regional infrastructure within the meaning of Subdivision 4 of Division 7.1 of the Act.

The Planning Agreement requires the Developer to make development contributions in connection with the Development for the purposes of the provision of regional or State transport infrastructure. Specifically, the development contributions comprise a monetary contribution of $100,000 to be paid to TfNSW to facilitate an assessment of the level crossing at Railway Street, Corrimal.

The Developer will provide security for the Development Contributions in the form of:
(a) registration of the Planning Agreement on the title of the Land; and
(b) restrictions on the issue of Construction Certificates until the Monetary Contribution has been paid.