Code 03ROAD2113
Project Area / Project Category Area 3 / Roads and Traffic
Location St Georges Basin
Description St Georges Basin Village Centre Service Lane (Village Access Road to Island Point Road)
Strategy To provide a service lane between the Village Access Road and Island Point Road for service vehicles to have separate access to the retail area and properties sighted for future development. The project cost equals the total project estimate ($388,305.93) minus the estimated value of works required to be constructed by the supermarket consent for Lot 1 DP 1093012 issued 06/02/2009 ($226,649.15 including $99,620 in land value). See supporting information.
Project Estimate $161,656.78 in May 2010
Indexed Estimate $199,871.91
Apportionment The apportionment to future development is 100%
Nexus The project ensures that new development pays the costs associated with providing a suitable road network which directly services demand created by development.
Supporting Information

The project is described in Shoalhaven DCP 2014 N23 St Georges Basin Village Centre.

Supporting information can be found here.

Land Acquisition Estimate $87,459.00 in May 2010
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 Equivalent Tenement $12,570.56 16 16