Code 03ROAD4021
Project Area / Project Category Area 3 / Roads and Traffic
Location St Georges Basin
Description The Wool Road Bypass (St Georges Basin)
Strategy To provide improved, efficient and safe public road networks for increasing traffic volumes associated with development demand.
Project Estimate $8,000,000.00
Indexed Estimate $8,104,000.00
Apportionment Recoupment of cost apportioned to future development is 16.72%.
Nexus The project ensures that new development pays an equitable apportionment of costs associated with providing a suitable road network which directly services demand created by development. The demand for this project includes 9.6% assumed through traffic. This equates to $491,246 in Dec 2009 which is apportioned to Council.
Supporting Information

Supporting information can be found here.

Land Acquisition Estimate $0.00
Timing Not applicable. The project has been completed.

Contribution Rate

Financial Year Contribution Area Contribution Rate Type Contribution Rate Existing ET / M2 / SP Future ET / M2 / SP Total ET / M2 / SP
2019 1 Equivalent Tenement $172.66 3906 251 4157
2019 2 Equivalent Tenement $1,035.94 4971 948 5919
2019 3 Equivalent Tenement $172.66 858 205 1063
2019 4 Equivalent Tenement $413.52 711 711