Code 01CARP3003
Project Area / Project Category Area 1 / Car Parking
Location Bomaderry
Description Bomaderry car parking (42-44 Coomea Street)
Strategy To provide car parking to meet future retail and commercial demand.
Project Estimate $356,992.00 in Dec 2009
Indexed Estimate $444,161.09
Apportionment Recoupment of cost apportioned to future development is 100%.
Nexus The project was critical for the coordinated approach to the supply of 54 car parking spaces in the central business district. Developments in the Contribution Area that cannot meet all of their parking requirements through on site provision will be required to make a monetary contribution to the Council. The contribution required will be the number of deficient spaces multiplied by the contribution rate. Funds collected will be applied to the provision of public parking.
Supporting Information

Supporting Information can be viewed here

Land Acquisition Estimate $138,021.00
Timing The project has been completed.

Contribution Rate

Financial Year Contribution Rate Type Contribution Rate Existing ET / M2 / SP Future ET / M2 / SP Total ET / M2 / SP
2018 Parking Space $8,119.65 54