Code 03CARP0004
Project Area / Project Category Area 3 / Car Parking
Location St Georges Basin
Description St Georges Basin Village Centre car parking (Island Point Road)
Strategy To provide parking spaces to resolve potential traffic issues for smaller development sites and provide overflow parking for larger major retail premises during peak periods.
Project Estimate $162,960.00 in Jun 2009
Indexed Estimate $208,158.53
Apportionment The apportionment to future development is 100%.
Nexus 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 $102,960.00 in Jun 2009
Timing Development dependent.

Contribution Rate

Financial Year Contribution Rate Type Contribution Rate Existing ET / M2 / SP Future ET / M2 / SP Total ET / M2 / SP
2019 Parking Space $10,407.93 20